Billionaire Aloke Lohia’s Indorama Ventures, Blackstone-Backed EPL To Merge Indian Packaging Business In $2 Billion Deal

The proposed merger comes a year after Indorama Ventures—controlled by petrochemicals billionaire Aloke Lohia—bought an initial 24.9% stake in EPL from Blackstone for $219 million.

Raccontata daforbes.com