India’s EPL to merge with Indorama-backed Indovida in $2 billion packaging deal
29/03/2026 14:25
March 29 (Reuters) - Indian packaging company EPL Ltd EPLI.NS said on Sunday it had agreed to merge with Indovida, backed by Thailand’s Indorama Ventures, in a deal valuing the combined business at about $2 billion. The merged group will combine EPL’s packaging operations with Indovida’s plastic portfolio. (Reporting by Mihika Sharma in Bengaluru. Editing by Mark Potter) ((Mihika.Sharma@thomsonreuters.com;))