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Pactiv, Novolex
Novolex to buy Pactiv Evergreen for $6.7 billion; no word on impact to Canton mill site
The owner of the Canton paper mill is merging with another company, but it is unclear what impact the sale will have on the 187-acre mill site.According to a ne
Apollo’s Novolex Explores Offer for Pactiv Evergreen
Apollo Global Management Inc.-owned packaging company Novolex is exploring a potential takeover offer for Pactiv Evergreen Inc., according to people familiar with the matter.
Novolex buying Pactiv Evergreen in $6.7B deal
The move combines two companies with deep plastics portfolios, including bags, film, thermforms, plastic containers, cutlery, dinnerware and drinkware.
Apollo-Backed Novolex to Buy Pactiv Evergreen for $3.22 Billion
Novolex, a packaging company backed by Apollo Global Management, struck a deal to buy publicly traded Pactiv Evergreen for around $3.22 billion
Pactiv Evergreen's stock surges on Novolex buyout offer
Pactiv Evergreen's stock surged 20% on news of acquisition by Novolex, backed by Apollo Global Management, in a deal valued at $3.22 billion.
Novolex, Pactiv Evergreen to merge in $6.7B deal
The transaction is expected to close in mid-2025, and Novolex CEO Stan Bikulege will lead the combined company.
Apollo-owned Novolex to take packaging products maker Pactiv private in $6.7 billion deal
(Reuters) -Packaging firm Novolex will buy rival Pactiv Evergreen in a $6.7 billion deal, as the Apollo Global Management-owned firm looks to bolster its business of food and beverage packaging in a cautious economic environment.
Novolex to merge with Pactiv Evergreen in $6.7bn deal
Apollo Global Management-owned packaging company Novolex has signed a definitive agreement with Pactiv Evergreen to merge into a combined entity in an all-cash deal valued at $6.7bn. Expected to finalise in mid-2025,
14h
Pactiv Evergreen sold for $6.7 billion; Prospective Canton mill buyer 'wants to close'
Pactiv Evergreen, the Illinois-based company that owns the Canton paper mill, was bought by a Charlotte-based company for ...
5h
Spirtas: Canton will have waste treatment -- if mill deal goes through
If Spirtas Worldwide and Two Banks, LLC (the corporation formed by Spirtas to purchase the Canton properties) is successful in its effort to purchase the Canton mill site owned by Pactiv Evergreen, ...
The Mountaineer
2d
Pactiv to sell out; impact on Canton mill is uncertain
Haywood residents who took a chance on investing in Pactiv Evergreen when it went public in 2020, can cash out at a ...
16h
Pactiv Evergreen price target raised to $18 from $12 at Baird
Baird analyst Ghansham Panjabi raised the firm’s price target on Pactiv Evergreen (PTVE) to $18 from $12 and keeps a Neutral ...
2h
The Schall Law Firm Invites Shareholders With Losses To Join An Inquiry Into Pactiv Evergreen Inc For Securities Law Violations
LOS ANGELES, CA / ACCESSWIRE / December 11, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is ...
1d
Graeme Hart exits Pactiv Evergreen for US$2.5 billion
New Zealand’s richest man, Graeme Hart, has sold out of his majority-owned US packing firm Pactiv Evergreen for US$2.5 ...
2d
Novolex and Pactiv Evergreen Inc. to Combine, Establishing a Leading Manufacturer in Food and Beverage Packaging
Pactiv Evergreen Shareholders to Receive $18.00 Per Share in Cash Complementary products, focus on innovation and ...
1d
Pactiv Evergreen downgraded to Neutral from Buy at Citi
Citi downgraded Pactiv Evergreen (PTVE) to Neutral from Buy with a price target of $18, up from $13. The firm sees limited upside to the shares ...
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Novolex
Canton
Apollo Global Management
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