date:Aug 07, 2014
aun after rival U.S. packaging distribution company Berlin Packaging LLC completes its own sale process, expected by September, people familiar with the matter said.
Reuters reported in June that Bahrain-based investment firm Investcorp Bank BSC INVB.BH was exploring a sale of Berlin Packaging in an auction that could value it at more than $1.3 billion.
Formerly known as Code Hennessy Simmons, Chicago-based CHS was founded by three Citicorp leveraged finance veterans in 1998, and has told inv