OEP bought a 66 per cent stake in the company for about €427m in October 2009, later upping its stake to 75 per cent of Constantia Flexible’s shares.
The company is considering either a trade sale or IPO according to Reuters, which cited three people familiar with the matter.
It said a flotation was the preferred option and could take place before the end of the year, although an early 2014 listing was also a possibility.
CVC lost out in the auction for Constantia Flexibles in 2009 but has remained interested in buying the business, one of the sources added.
Executives from YUSCO, which could become the first Asian producer to acquire a major steel plant in Europe, flew to Italy to inspect the Terni mill last week.
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