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     · London-based DS Smith Plc has agreed to sell its Plastics division to United States-based equity firm Olympus Partners for what it calls “an enterprise value of $585 million.”. According to DS Smith, the sale price “represents a multiple of 9.9 times EBITDA [earnings before interest, taxes, depreciation and amortization] based on the past 12 months to Oct. 31, 2018.”

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