Davis Polk & Wardwell, Mori Hamada & Matsumoto and Kirkland & Ellis are advising on a Japanese packaging company’s buyout of a U.S. machinery manufacturer.
Tokyo-based Toyo Seikan Kaisha Ltd., which makes cans and plastic bottles, has agreed to pay $775 million for Colorado’s Stolle Machinery Co., Inc., which supplies equipment for making storage cans. The company is majority owned by New York-based asset manager GSO Capital Partners LP.
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