Morrison invests $160m in Trans-Tasman logistics JV
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Raphael Geminder, chairman of Pact Group, has got some relief from the packaging company’s slump as its shares spike following an asset sale.
Listed packaging solutions business Pact Group Holdings has sold half of its crate pooling business to infrastructure investor Morrison & Co.
Morrison & Co has agreed to acquire a 50% interest in Pact Group's Crate Pooling business, a provider of reusable plastic crate pooling services.
Macquarie Asset Management, Beck Corp sells out of stake in utilities company with sale to German investment firm Patrizia