Berry Plastics closes $2.45 bln buy of Avintiv

Berry Plastics Group Inc. said Thursday it closed its buy of Avintiv Inc. from the Blackstone Group for about $2.45 billion. Charlotte, North Carolina-based Avintiv develops, produces and markets specialty materials used in infection prevention, personal care, and high-performance solutions. Credit Suisse and Barclays advised Berry Plastics. Citi and BofA Merrill Lynch provided financial advice to Blackstone.

DealsNorth AmericaUSBriefs