RTTNews | Mar 12, 2021 08:34AM EST

08:33 Friday, March 12, 2021 (RTTNews.com) - Loews Corp. (L) has agreed to sell 47% of Altium Packaging, a rigid plastic packaging and recycled resin company, to GIC, Singapore's sovereign wealth fund.

"We are pleased to welcome GIC as a shareholder of Altium Packaging. Having Loews and GIC - two world-class institutions - as our partners will be invaluable as we continue to pursue our growth strategy and seek accretive acquisitions that add further scale and end-market diversification," said Sean Fallmann, President & CEO of Altium Packaging.

Read the original article on RTTNews ( https://www.rttnews.com/3177102/loews-corp-to-sell-47-of-altium-packaging-quick-facts.aspx)

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