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Berry Plastics to buy Avintiv for $2.45 billion

( July 31, 2015, 15:46 GMT | Official Statement) -- MLex Summary: Berry Plastics Group, which makes plastic consumer packaging and engineered materials, has agreed to acquire Avintiv from private equity funds managed by The Blackstone Group LP for approximately $2.45 billion. Avintiv makes specialty materials in three areas: infection prevention, high performance solutions and personal care. Shares of Berry Plastics and Blackstone trade on the New YorkStock Exchange.Statement follows in full....

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