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Pactiv, Novolex
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.
Pactiv Evergreen's stock surges on Novolex buyout offer
Pactiv Evergreen's (NASDAQ:PTVE) stock jumped 20% to $19.55 a share in premarket trading Monday after the packaging maker said it had reached a deal to be acquired by Novolex, which is owned by Apollo Global Management (APO),
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 Inc (PTVE) Stock: More Strategic Than Meets the Eye
Pactiv Evergreen Inc (PTVE) stock saw a modest uptick, ending the day at $17.36 which represents a slight increase of $2.68 or 18.26% from the prior close of $14.68. The stock opened at $17.58 and touched a low of $17.
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.
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’s Novolex to Buy Packaging Rival Pactiv Evergreen
Apollo Global Management Inc.-owned packaging company Novolex said it will purchase rival Pactiv Evergreen Inc. for $18 a share, or $6.7 billion including debt.
Pactiv Evergreen to Be Taken Private by Apollo-Backed Novolex in $6.7 Billion All-Cash Deal
Pactiv Evergreen (PTVE) agreed to be acquired and taken private by Novolex in an all-cash deal worth $6.7 billion, including debt, according to a joint Monday statement. Shareholders of Pactiv Evergreen will receive $18 per share in cash,
The Cincinnati Enquirer
1d
Pactiv Evergreen sold for $6.7 billion; Prospective Canton mill buyer 'wants to close'
Pactiv
Evergreen
will "combine" with Novolex, the Charlotte-based company that bought the company in an all-cash ...
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 ...
3d
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 Inc. Is Being Investigated For Securities Fraud And Affected Investors Are Urged To Reach Out To The Schall Law Firm
LOS ANGELES, CA / ACCESSWIRE / December 10, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is ...
2d
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 ...
1d
Mill sewage deal ends in March: What's Canton's next move?
The town of Canton has less than four months to figure out how its wastewater will be treated as of April 1 of next year — and right now, it has no answers. The wastewater treatment plant in Canton, ...
21h
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 ...
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