Non-Paper Containers & Packaging

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Berry Plastics Group Inc to acquire Avintiv Inc

Friday, 31 Jul 2015 08:00am EDT

Berry Plastics Group Inc:To acquire avintiv inc. creating global leader in plastics packaging and engineered specialty materials.Deal for about $2.45 billion.Agreement for Berry Plastics to acquire Avintiv Inc from private equity funds managed by the Blackstone Group LP.Says acquisition expected to be accretive to free cash flow and earnings.Says deal on a debt-free, cash-free basis.Says has secured committed debt financing to fund the transaction.Will consider raising a modest amount of equity to result in a net debt to adjusted EBITDA ratio of approximately 5 times.

Bemis Company Inc to acquire South American rigid packaging operations of Emplal Participações S.A.

Tuesday, 21 Jul 2015 05:00pm EDT

Bemis Company Inc:To acquire South American rigid packaging operations of emplal participações s.a.Details of the transaction were not disclosed.Expect acquisition to be modestly accretive to earnings per share in 2016.Says transaction is expected to close by the end of 2015.

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Provider : VRS (Valuation & Research Specialists)
$75.00
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$20.00
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$25.00
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$125.00
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$50.00

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