Berry Global sells specialty tapes business for $540M - MSN

Berry Global (NYSE:BERY) announced the sale agreement for its Specialty Tapes business to the private equity firm Nautic Partners, for ~$540M. This separation is aligned with Berry’s broader ...

CouponFollow Extension

$540
OFF

Berry Global Sells Specialty Tapes Business For $540M - MSN

1 day from now

Berry Global (NYSE:BERY) announced the sale agreement for its Specialty Tapes business to the private equity firm Nautic Partners, for ~$540M. This separation is aligned with Berry’s broader ...

msn.com

$540
OFF

Berry Global To Sell Specialty Tapes Business To Nautic For $540M

1 day from now

Berry Global Group, Inc. BERY recently entered into a deal to divest its Specialty Tapes business (Tapes) to private equity firm Nautic Partners, LLC (Nautic) for about $540 million. Based in ...

msn.com

$540
OFF

Berry Global To Sell Tapes Unit To Nautic Partners In $540M Deal

1 day from now

Berry Global (NYSE:BERY) said Monday it agreed to sell its Specialty Tapes business to P-E firm Nautic Partners for a headline purchase price of ~$540M. Berry (BERY) said the sale of the …

msn.com

$540
OFF

Berry Global To Sell Specialty Tapes Business To Nautic For $540M

1 day from now

2 days ago · Berry Global Group, Inc. (BERY Quick Quote BERY - Free Report) recently entered into a deal to divest its Specialty Tapes business (Tapes) to private equity firm Nautic …

zacks.com

$540
OFF

Berry Global Sells Specialty Tapes Unit For $540M, Advances …

1 day from now

2 days ago · The $540 million sale of Berry's Specialty Tapes business to Nautic Partners represents a strategic move to optimize the company's portfolio. This transaction, combined …

stocktitan.net

$540
OFF

Berry Global's Strategic Move: Tapes Business Sale For $540M

1 day from now

3 days ago · Berry Global's Sale of Tapes Business to Nautic Partners. Berry Global Group Inc (NYSE: BERY), a prominent player in the packaging industry, has made a significant …

investorshangout.com

FAQs about Berry Global sells specialty tapes business for $540M - MSN Coupon?

Does Berry Global sell specialty tapes business?

Berry Global sells specialty tapes business for $540M Nov. 26, 2024 1:01 AM ETBerry Global Group, Inc. (BERY) StockBy: Manshi Mamtora, CFA Play(1min) Luis Alvarez/DigitalVision via Getty Images Berry Global (NYSE:BERY) announced the saleagreement for its Specialty Tapes business to the private equity firm Nautic Partners, for ~$540M. ...

Will the sale of the tapes business affect Berry Global's financial profile?

Berry Global noted the sale of the Tapes business further reinforces the strategic rationale for the combination and has no material impact on the financial profile of the combined entity. Price Action: BERY shares are down 1.47% at $70.50 at the last check Tuesday. Read Next: UNLOCKED: 5 NEW TRADES EVERY WEEK. ...

Why did Berry Global divest its tapes business?

The divestment of the Tapes business will help Berry Global to focus on its core businesses while supporting its capital allocation priorities. It supports the company’s strategy to focus on more stable, high-growth consumer markets. BERY expects to use the cash proceeds of the transaction, net of modest taxes, to reduce its debt. ...

Will Berry Global & Amcor merge?

Berry (BERY) said the sale of the Tapes business further reinforces the strategic rationale for its merger with Amcor and has no material impact on the financial profile of the combined entity. Berry Global And Amcor Tie The Knot, But The Winner Is... ...