February 7, 2017 / 12:46 PM / 6 months ago

Clayton, Dubilier & Rice to sell Mauser Group for $2.3 bln

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Feb 7 (Reuters) - Private equity investment firm Clayton, Dubilier & Rice Inc said it would sell rigid packaging products supplier Mauser Group N.V. to privately held Stone Canyon Industries for $2.3 billion in cash.

The investment firm acquired Mauser in 2014 in a deal valued at 1.2 billion euros. ($1 = 0.9367 euros) (Reporting by Rahul B in Bengaluru; Editing by Saumyadeb Chakrabarty)

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