Industry News, Mergers and Acquisitions, Printers News

Coveris Receives Regulatory Approvals for Sale of Its Americas Business

The Americas sale is currently expected to close on May 1, 2018.

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By: DAVID SAVASTANO

Contributing Editor, Coatings World and Ink World

Coveris Holdings S.A. announced that all regulatory approvals required to complete the previously announced sale of its Americas packaging business have been obtained. The Americas Sale is currently expected to close on May 1, 2018.
 
As previously announced, the company has received the required consent from the lenders under its existing credit agreement dated Nov. 8, 2013 to allow for the full repayment of its USD term loan, ABL facilities and 77⁄8% senior notes due 2019 upon the closing of the Americas sale.

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