PCA COMPLETES $1.8B ACQUISITION OF GREIF’S CONTAINERBOARD BUSINESS
https://s.yimg.com/ny/api/res/1.2/QU6XYjYgimG86K0yi54Qiw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD02NzU-/https://media.zenfs.com/en/packaging_dive_723/a1c9eb6600cc88fb9ffe2ef8f09b996f
✍️ Greif completed the divestiture of its containerboard business to Packaging Corporation of America (PCA) for $1.8 billion in cash.
👉 Greif completed the divestiture of its containerboard business to PCA for $1.8 billion in cash 👉 The transaction unlocks immediate value for shareholders and enhances capital efficiency 👉 PCA expects to fully realize pre-tax benefits of approximately $60 million within two years after the deal closes 👉 The deal adds two mills and eight sheet feeder and corrugated plants to PCA's operations
-- #OleRosgaard #MarkKowlzan #TomHassfurther #Amherst,Virginia #Massillon,Ohio #Texas #Dallas #business
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