Coveris holdings S.A. Announces Sale of Its Americas Business

CHICAGO, IL April 2, 2018 – Coveris Holdings S.A. (“Coveris” or “the Company”), a premier global packaging manufacturer, today announced that it has entered into an agreement with Transcontinental Inc. (TSX: TCL.A, TCL.B) (“TC Transcontinental”) to sell the Company’s Americas packaging business (the “Americas Sale”) for an aggregate purchase price of $1.320 billion, which shall be paid in cash and shall be subject to customary closing adjustments.

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