Brookfield in Talks to Acquire PGP Glass From Blackstone for Up to $1.5 Billion, ET Reports

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  "detected_at": "2026-09-14T10:16:26+00:00",
  "company": {
    "name": "Brookfield",
    "domain": "brookfield.com"
  },
  "data": {
    "url": "https://finance.yahoo.com/markets/stocks/articles/brookfield-talks-acquire-pgp-glass-101626923.html",
    "title": "Brookfield in Talks to Acquire PGP Glass From Blackstone for Up to $1.5 Billion, ET Reports - Yahoo Finance",
    "excerpt": "Brookfield (NYSE:BAM) is in advanced negotiations to acquire Indian glass-packaging company PGP Glass from Blackstone (NYSE:BX) for between $1.3 billion and $1.5 billion, The Economic Times reported on Monday, citing multiple people familiar with the matter. The potential transaction would provide Blackstone with an exit from an investment it has held since 2020, according to the report. Blackstone acquired PGP Glass, formerly known as Piramal Glass, from the Piramal Group for approximately $765 million in 2020. The private-equity firm has been exploring options for an exit since early 2024, ET reported. Blackstone had also been preparing PGP Glass for a potential initial public offering in India this year. In February, the firm appointed Axis Capital, Bank of America and HSBC as lead bankers for a proposed offering expected to raise between $400 million and $500 million, according to ET. Blackstone also appointed Jefferies to explore a potential sale of the company, providing an alternative route for exiting the investment. Brookfield previously participated in a sale process for PGP Glass in 2024, when it competed with Platinum Equity for the business. Those discussions ended without an agreement, but Brookfield has subsequently returned to negotiations, according to the report. PGP Glass designs, manufactures and decorates glass packaging for customers in the cosmetics and...",
    "summary": "Brookfield is in advanced negotiations to acquire Indian glass-packaging company PGP Glass from Blackstone for between $1.3 billion and $1.5 billion.",
    "location": "India",
    "planning": true,
    "image_url": "https://s.yimg.com/lo/mysterio/api/247fa7ed4f294c124009dd1920b9ead5ead16e2bb506a8d988737c7a721815e7/lightyear_networkapi/resizefill_w1200%3Bquality_80%3Bformat_webp/https%3A%2F%2Fmedia.zenfs.com%2Fen%2Finvestorshub_458%2Ffd4a6eeaeb3fbcc5ee67d4060189855a.png",
    "confidence": 0.9,
    "published_at": "2026-09-14T10:16:26Z",
    "location_data": [
      {
        "region": "Southern Asia",
        "country": "India",
        "continent": "Asia",
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    ],
    "article_sentence": "Brookfield (NYSE:BAM) is in advanced negotiations to acquire Indian glass-packaging company PGP Glass from Blackstone (NYSE:BX) for between $1.3 billion and $1.5 billion, The Economic Times reported on Monday, citing multiple people familiar with the matter.",
    "related_company_name": "PGP Glass",
    "related_company_domain": "pgp-glass.com"
  }
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  -H "X-API-KEY: $AUTOBOUND_API_KEY" \
  -H "Content-Type: application/json" \
  -d '{"domain":"brookfield.com","limit":20}'