Report: SVP takes Kl ckner Pentaplast off the market

Greenwich, Conn.-based investment firm Strategic Value Partners canceled plans to sell Klckner Pentaplast after bids came in "well below" the firm's asking price of $1.9 billion, according to the article. SVP had acquired Montbaur, Germany-based Klckner Pentaplast for $1.3 billion in debt and equity in 2012.

http://www.plasticsnews.com/article/20141021/NEWS/141029980/report-svp-takes-kl-ckner-pentaplast-off-the-market