HONG KONG, April 3 Blackstone Group and Carlyle
Group are considering a bid for Singapore's Goodpack Ltd, people
familiar with the matter told Reuters, eyeing the container
maker a few weeks after its takeover talks with Australian
pallet maker Brambles ended.
Blackstone and Carlyle had meetings this week with Goodpack,
which makes containers used in the rubber, tyre and food
industries, people familiar with the matter said. Goodpack's
market value is S$1.23 billion ($974.84 million).
The people said that while the meetings showed the firms'
interest in the company, there is no guarantee a deal will come
as a result. Talks are at an early stage, the people said.
Goodpack said on March 19 that it had been in discussions
with unnamed parties which might lead to a buyout of its shares,
and had hired Rippledot Capital to advise on the process.
The following day, Brambles said it was engaged in
talks with Goodpack but that the discussions had ended.
Goodpack did not respond to requests seeking comment.
Blackstone and Carlyle declined to comment.
($1 = 1.2618 Singapore Dollars)
(Reporting by Stephen Aldred; Additional reporting by Prakash
Chakravarti of IFR/LPC; Editing by Michael Flaherty and Ryan