Novolex, a packaging company backed by Apollo Global Management, struck a deal to buy publicly traded Pactiv Evergreen for around $3.22 billion The companies Monday said Novolex will pay $18 a ...

The Novolex-Pactiv deal, supported by funds managed by affiliates of Apollo and Canada Pension Plan Investment Board, would allow the merged company to deliver 250 brands, along with expanded ...

The deal is supported by Apollo, the majority shareholder of Novolex since 2022, and Canada Pension Plan Investment Board (CPP Investments). CPP Investments will contribute about $1 billion and ...

Apollo Global Management-owned packaging company Novolex is exploring a potential takeover offer for Pactiv Evergreen (PTVE), people familiar with the matter told Bloomberg’s David Carnevali ...

Shares jumped to a three-year high of $16.01 earlier in the trading session. Apollo-owned Novolex is exploring a potential takeover offer for Pactiv Evergreen, Bloomberg reported earlier Tuesday ...

“We look forward to working alongside Apollo with Stan and the management team to realize the potential of the combined company.” Under the terms of the agreement, Novolex will ...

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 ...

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. Expected to ...

(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 ...

partners at Apollo, the majority shareholder of Novolex since 2022. “As the packaging industry continues to evolve, bringing together these two talented teams will better position the combined company ...

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 ...

(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 ...