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Pactiv, Novolex and Apollo Global Management
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
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.
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.
Bloomberg L.P.
9d
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
is ...
3d
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 ...
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 CashComplementary products, focus on innovation and sustainability create partner of ...
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