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Pactiv, Novolex

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.

YAHOO!Finance · 2d

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.

Plastics News · 3d

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.

The Mountaineer2d

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 ...

New Hires Lead Paul Hastings’ Work on $6.7 Billion Deal (1)

A team of recently hired partners led Paul Hastings’ work advising food packaging company Pactiv Evergreen in its $6.7 ...

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 CashComplementary products, focus on innovation and sustainability create partner of ...

Pactiv Evergreen Stock Rises 7.9% on Reported Takeover Interest

Shares of Pactiv Evergreen climbed following a report that a fellow packaging company owned by Apollo Global Management is considering a takeover. The stock was up 7.9%, at $14.67, in midday trading ...

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