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.
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.
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.
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.
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
Novolex to acquire Pactiv Evergreen for $18.00 per share in cash
Novolex and Pactiv Evergreen (PTVE) have entered into a definitive agreement to combine, creating a leading manufacturer in food, beverage and
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-backed Novolex and Pactiv Evergreen to merge in $6.7bn deal
The deal is supported by Apollo, the majority shareholder of Novolex since 2022, and Canada Pension Plan Investment Board.
The Cincinnati Enquirer1d
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 ...
Pactiv Evergreen Inc. Is Being Investigated For Possible Securities Fraud And Affected Investors Are Urged To Contact The Schall Law Firm
LOS ANGELES, CA / ACCESSWIRE / December 12, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is ...
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 ...
The Mountaineer3d
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 ...