News

PCA to acquire Greif’s containerboard business for $1.8bn
The sale of our Containerboard business is fully aligned with our Build to Last strategy and unlocks immediate value for our ...
Packaging Corp. of America to acquire two Greif production centers in Massillon
Illinois-based Packaging Corporation of America (PCA) is buying two Greif production facilities in Massillon as part of a ...
Recycling Today3d
PCA to acquire Greif’s containerboard business in $1.8B deal
The acquisition includes two containerboard mills with about 800,000 tons of production capacity as well as sheet feeder and ...
PCA to acquire Greif’s Amherst County mill as part of $1.8 billion deal
AMHERST COUNTY, Va. (WSET) — One of Amherst County's largest employers is getting sold. The Packaging Corporation of America ...
Greif Divests Containerboard Business For $1.8 Billion To Slash Debt
Greif Inc. (GEF) divests Containerboard business to Packaging Corp. of America (PKG) for $1.8B in cash, expected to close by ...
Morningstar4d
PCA: Acquisition of Greif's Containerboard Business Will Bolster Packaging Portfolio - Morningstar
Why it matters: The purchase price values Greif's containerboard business at 8.5 times trailing 12-month EBITDA, which we think is fair. The acquisition would increase PCA's annual containerboard ...
Packaging Corp. of America, Greif Gain After Containerboard Deal
Shares of Packaging Corp. of America and Greif rose after Greif agreed to sell its containerboard business to PCA for $1.8 billion. PCA shares climbed 7.9%, to $203.24, but have slipped about 9% this ...
WSET4d
PCA to acquire Greif’s Amherst County mill as part of $1.8 billion deal - WSET
PCA said the transaction with Greif is expected by the end of September, the close of its third quarter. In a response to ABC 13, PCC said: ...
Packaging Corp to buy Greif's containerboard business for $1.8 billion
Packaging Corp of America said on Tuesday it would buy the containerboard business of peer Greif for $1.8 billion, aimed at ...