Blackstone Is Said to Work With Citi on Revived Sale of ShyaHsin Packaging

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Blackstone Inc. has reportedly engaged Citigroup Inc. to assist with a potential sale of its Chinese packaging firm, ShyaHsin Packaging. The alternative asset manager is said to be targeting a valuation of at least $1 billion for ShyaHsin, with a sale process potentially starting later this year. The information comes from anonymous sources as the details are not yet public.

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