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BRIEF-Loews agrees to buy Consolidated Container Co for about $1.2 bln
April 11, 2017 / 12:47 PM / 8 months ago

BRIEF-Loews agrees to buy Consolidated Container Co for about $1.2 bln

April 11 (Reuters) - Loews Corp

* Loews Corporation agrees to acquire Consolidated Container Company

* Loews Corp - deal for approximately $1.2 billion

* Loews Corp - CCC will be a part of a newly-created segment called Loews Packaging Group

* Loews Corp says deal will be funded with approximately 50 percent cash-on-hand and 50 percent debt at ccc

* Loews corp - to acquire Consolidated Container Company from Bain Capital private equity Source text for Eikon: Further company coverage:

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