Group 1 - Australian tycoon Raphael Geminder is considering selling the Asian operations of his packaging companies, Dynapack Asia and Pact Group Holdings Ltd. [1][2] - The potential deal could value the combined Asia operations at approximately $1 billion [2]. - Dynapack Asia was founded in 1959 and is co-owned by Geminder, who holds a 50% stake, and the Hambali family, which owns the other half [3][4]. Group 2 - Dynapack Asia produces packaging and components for various industries, including personal care, food and beverage, and pharmaceuticals, with notable clients such as Coca-Cola, Johnson & Johnson, and Unilever [5]. - Pact Group, founded by Geminder in 2002, recently delisted from the Australian Securities Exchange and is reviewing its Asian packaging business, including potential divestment [6]. - The net debt for Pact Group rose by 18.4% to approximately A$496 million ($328 million) in the last financial year [6].