A billion dollar takeover battle to gain control of beverage
packaging giant SIG Holding is beingwaged between a New Zealand
investor and two European companies.
SIG, a Switzerland-based packager, has opened the door to takeover
bids from othercompanies after its board rejected a €1.3bn cash
offer from the owners of Norway-based Elopak.
Dutch bakery ingredients leader CSM continues to shed activities in
non-core countries, selling off its Swedish subsidiary BakeMark
Sweden to private equity group Accent, Lindsey Partos
reports.