date:May 29, 2012
ours the Pact Company was considering an initial public offering (IPO) as part of a rumoured strategy to expand aggressively both at home and abroad. However, the floatation never took place.
Proposed Viscount Plastics takeover
Last month, Australian competition authorities gave Pact the go-ahead to buyout Viscount Plastics Pty Ltd.
Viscount manufactures and supplies PET containers in Western Australia. But its main operations focus on plastic pails, plastic building cartridges and materials