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Carlyle looking to unload Novolex for $6 billion

SOUTH CAROLINA (From news reports) -- The Carlyle Group has consulted banks about either selling or taking Novolex public in a deal that would value the South Carolina-based packaging company at around $6 billion, news outlets reported.

Carlyle has backed Novolex since acquiring it from former majority owner Wind Point Partners and former minority investor TPG in 2016.

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