Carlyle Said to Near $1bn Takeover of Packaging Firm HCP

Carlyle Said to Near $1bn Takeover of Packaging Firm HCP

Carlyle Group Inc. is set to buy Chinese packaging firm HCP for about $1bn, less than two months after a sale of the business was threatened by valuation concerns. The US-based buyout firm hammered out final details of an agreement with HCP’s owner Baring Private...