Triton Said to Explore Options for Plastic Container Firm IFCO.

Triton, a buyout firm, is considering options for its plastic container business IFCO, which could be valued at around €5 billion ($5.4 billion). The firm may seek advisers to explore exit strategies such as a partial or full sale, or even a potential listing of IFCO, with a decision likely to be made next year. IFCO manufactures reusable containers for perishable products and is a major supplier globally, serving over 550 retailers in more than 50 countries. This move by Triton coincides with a period of increased buyout activity, driven by stable interest rates and renewed bank financing for transactions. [Extracted from the article]