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