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The Economic Times

Economy / The Economic Times

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EPL, Indovida to merge in $2 billion packaging deal

The transaction will create a diversified, multi-format packaging platform with a combined valuation of about $2 billion. EPL is being valued at about $1.2 billion-about 70% higher than its closing price on Friday-while Indovida India is valued at roughly $700 million.

30 Mar 2026 12:58 am