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Reynolds Group acquires related company for $300 million

from The Associated Press via Google

Food and beverage packaging company Reynolds Group Holdings Ltd., known as RGHL, said Wednesday that it has acquired a related company for $300 million. RGHL bought the Reynolds Food and Flexible Packaging group from Reynolds Packaging Ltd., a New Zealand company. Reynolds Packaging Ltd. and RGHL are both owned by Graeme Hart, New Zealand's wealthiest man. more

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