GE Capital, Corporate Finance announced it is administrative agent on a $143 million cash flow credit facility for Taghleef Industries, a global producer of plastic and packaging films used for food, labeling and adhesive tapes.
The financing was used to acquire Applied Extrusion Technologies (AET), a manufacturer of specialized packaging films.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.