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 ...
Recycling Today6d
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 to buy Pactiv Evergreen for $6.7 billion; no word on impact to Canton mill site
The owner of the Canton paper mill is merging with another company, but it is unclear what impact the sale will have on the ...
Pactiv Evergreen sold for $6.7 billion; Prospective Canton mill buyer 'wants to close'
Pactiv Evergreen, the Illinois-based company that owns the Canton paper mill, was bought by a Charlotte-based company for ...
PE Hub6d
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.
BofA moves to No Rating on Pactiv Evergreen after Novolex deal
BofA analyst George Staphos moves to No Rating on Pactiv given the stock is no longer trading on fundamentals following Apollo-owned Novolex ...
Canadian Plastics6d
Novolex buying packaging maker Pactiv Evergreen
Packaging maker Novolex Holdings is taking over competitor Pactiv Evergreen Inc., in a deal worth approximately US$6.7 billion. According to a Dec. 9 news release, upon the merger’s completion, Pactiv ...
Stockhouse4d
Novolex and Pactiv Evergreen Inc. to Combine, Establishing a Leading Manufacturer in Food and Beverage Packaging
CHARLOTTE, N.C. and LAKE FOREST, Ill., Dec. 09, 2024 (GLOBE NEWSWIRE) -- Novolex® and Pactiv Evergreen Inc. (NASDAQ: PTVE), announced today they have entered into a definitive agreement to ...