Canadian Overseas Packaging Industries Limited (COPIL) has made a fresh takeover offer to minority shareholders of East African Packaging Industries Limited (EAPI), aiming to take its ownership in the company to 100 percent.
COPIL currently owns a 92.1 percent stake in EAPI, according to the latest available disclosures. The minority shareholders of the packaging firm were required to have taken action on the offer by April 17, 2024.
