Loews Corporation Agrees to Acquire Consolidated Container Company

NEW YORK, April 11, 2017 /PRNewswire/ — Loews Corporation (NYSE: L) today announced that it has entered into an agreement to acquire Consolidated Container Company (Altium Packaging), a leading rigid plastic packaging manufacturer
based in Atlanta, GA, from Bain Capital Private Equity for approximately $1.2 billion, subject to customary purchase price adjustments. Altium Packaging will be a part of a newly-created segment called Loews Packaging Group.

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