Apollo Global Management-owned packaging company Novolex has signed a definitive agreement with Pactiv Evergreen to merge ...

Pactiv Evergreen, the Illinois-based company that owns the Canton paper mill, was bought by a Charlotte-based company for ...

Novolex, a packaging company backed by Apollo Global Management, struck a deal to buy publicly traded Pactiv Evergreen for ...

Pactiv Evergreen's stock surged 20% on news of acquisition by Novolex, backed by Apollo Global Management, in a deal ...

The Novolex-Pactiv deal, supported by funds managed by affiliates of Apollo and Canada Pension Plan Investment Board, would ...

The move combines two companies with deep plastics portfolios, including bags, film, thermforms, plastic containers, cutlery, dinnerware and drinkware.

The transaction is expected to close in mid-2025, and Novolex CEO Stan Bikulege will lead the combined company.

The owner of the Canton paper mill is merging with another company, but it is unclear what impact the sale will have on the ...

This transaction is supported by funds managed by affiliates of Apollo (the "Apollo Funds”), the majority shareholder of ...

The North American companies expect to finalize the all-cash deal in 2025, which would take Pactiv Evergreen private.

Novolex and Pactiv Evergreen (PTVE) have entered into a definitive agreement to combine, creating a leading manufacturer in food, beverage and ...

The deal is supported by Apollo, the majority shareholder of Novolex since 2022, and Canada Pension Plan Investment Board.