Pactiv Evergreen Inc. (PTVE)

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18.01

0.00

(0.00%)

As of April 1 at 4:00:00 PM EDT. Market Open.

Novolex acquires Pactiv Evergreen for $6.7bn

The merged company will operate as Novolex, with its headquarters based in Charlotte, North Carolina.

Packaging Gateway 2 days ago

PTVE
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Novolex completes $6.7B acquisition of Pactiv Evergreen

Pactiv Evergreen has transitioned from a publicly traded to privately held company as it is absorbed under Novolex. The combined company becomes one of largest food packaging producers.

Packaging Dive 3 days ago

PTVE
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Pactiv Evergreen Inc. Announces Receipt of All Required Regulatory Approvals for Planned Acquisition by Novolex

LAKE FOREST, Ill., March 28, 2025 (GLOBE NEWSWIRE) -- Pactiv Evergreen Inc. (“Pactiv Evergreen” or the “Company”) (NASDAQ: PTVE) today announced that all required regulatory approvals have been received in connection with the Company’s previously announced definitive agreement to be acquired by Novolex® for $18.00 per share in cash. As a result, the transaction is now expected to close on April 1, 2025, subject to satisfaction of other customary closing conditions. Upon the completion of the tra

GlobeNewswire 6 days ago

PTVE
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Pactiv Evergreen settles for $6.25M over 2023 North Carolina mill closure

The restitution amount is more than half of what Pactiv Evergreen received from the state in grants for the site. The company is “pleased to have resolved” matters related to the Canton mill, which it sold last month.

Packaging Dive last month

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Pactiv Evergreen to close Michigan plant in US

The company's other plant in the state will be unaffected by the decision.

Packaging Gateway last month

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Pactiv Evergreen to close Michigan plant, cut 153 jobs

Jobs will be eliminated this spring. Pactiv Evergreen announced in 2024 a couple rounds of cost-cutting measures, including layoffs and curtailed spending.

Packaging Dive last month

PTVE
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Pactiv Evergreen Inc. Announces Expiration of Hart-Scott-Rodino Waiting Period for Planned Acquisition by Novolex

LAKE FOREST, Ill., Jan. 21, 2025 (GLOBE NEWSWIRE) -- Pactiv Evergreen Inc. (“Pactiv Evergreen” or the “Company”) (NASDAQ: PTVE) today announced the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 in connection with the Company’s previously announced definitive agreement to be acquired by Novolex® for $18.00 per share in cash. The transaction is expected to close in the second quarter of 2025, subject to receipt of foreign antitrust approvals and sa

GlobeNewswire 2 months ago

PTVE
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Pactiv Evergreen’s moulded fibre egg packaging receives FSC certification

The certification is aligned with the company's Packaging a Better Future vision.

Packaging Gateway 2 months ago

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Pactiv Evergreen Earns FSC®-Recycled Certification for Molded Fiber Egg Packaging

Featured at IPPE Expo in Atlanta, Georgia from January 28-30, 2025LAKE FOREST, Ill., Jan. 16, 2025 (GLOBE NEWSWIRE) -- Pactiv Evergreen’s molded fiber egg cartons and filler flats have been certified by the Forest Stewardship Council® (FSC®) as being made from 100 percent recycled materials. This significant milestone reinforces the Company’s purpose of Packaging a Better Future by protecting the planet’s natural resources. This certification, under Pactiv Evergreen’s FSC C125335 license, applie

GlobeNewswire 2 months ago

PTVE
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Walgreens Boots Alliance, Alaska Air And RH Are Among Top Mid-Cap Gainers Last Week (December 9-13): Are The Others In Your Portfolio?

These ten mid-cap stocks were the best performers in the last week. Are they in your portfolio? Patterson Companies, Inc. (NASDAQ:PDCO) stock rocketed 35.60% after the company announced it entered into a definitive agreement to be acquired by Patient Square Capital for approximately $4.1 billion. NewAmsterdam Pharma Company N.V. (NASDAQ:NAMS) shares jumped 34.55% after the company announced topline data from its Phase 3 BROADWAY trial of Obicetrapib. Walgreens Boots Alliance, Inc. (NASDAQ:WBA) g

Benzinga 3 months ago

ALK

PDCO

WBA
Should You Buy Pactiv Evergreen Inc. (PTVE) After Golden Cross?

When a stock experiences a golden cross technical event, good things could be on the horizon. How should investors react?

Zacks 3 months ago

PTVE
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Pactiv Evergreen price target raised to $18 from $12 at Baird

Baird analyst Ghansham Panjabi raised the firm’s price target on Pactiv Evergreen (PTVE) to $18 from $12 and keeps a Neutral rating on the shares. The firm noted the $18 takeout price and reiterated their view that after a lull in activity, the Packaging industry is in the initial stages of a long-tailed consolidation cycle, which while thus far is in the plastics packaging substrate, is likely to be broad-based. Published first on TheFly – the ultimate source for real-time, market-moving breaki

TipRanks 3 months ago

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Novolex to merge with Pactiv Evergreen in $6.7bn deal

The merger has the financial backing of Apollo Funds and CPP Investments, contributing approximately $1bn.

Packaging Gateway 3 months ago

PTVE
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Update: Pactiv Evergreen Shares Rise After $6.7 Billion Acquisition Deal With Apollo's Novolex

(Updates with stock move in the headline and first paragraph, and additional details in the third an

PREMIUM
MT Newswires 3 months ago

PTVE
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APO-PA
Top Midday Stories: China Probing Nvidia Over Potential Anti-Monopoly Law Breaches; Gallagher to Acquire AssuredPartners for $13.45 Billion

All three major US stock indexes were down in late morning trading Monday, as investors look ahead t

PREMIUM
MT Newswires 3 months ago

OMC

NVDA

M
Pactiv Evergreen to Be Taken Private by Apollo-Backed Novolex in $6.7 Billion All-Cash Deal

Pactiv Evergreen (PTVE) agreed to be acquired and taken private by Novolex in an all-cash deal worth

PREMIUM
MT Newswires 3 months ago

PTVE
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Apollo-owned Novolex to take packaging products maker Pactiv private in $6.7 billion deal

Novolex will offer $18 per share to take Pactiv private in an all-cash transaction, including debt, the companies said on Monday. The deal represents a 32.4% premium to Pactiv's closing price on Dec. 2, a day before Bloomberg News first reported that Novolex was considering purchasing the company. Shares of Pactiv, which sells its products to restaurants, retailers, food and beverage producers, packers and processors, jumped about 19%.

Reuters 3 months ago

PTVE
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Novolex and Pactiv Evergreen Inc. to Combine, Establishing a Leading Manufacturer in Food and Beverage Packaging

Pactiv Evergreen Shareholders to Receive $18.00 Per Share in Cash Complementary products, focus on innovation and sustainability create partner of choice across the food and beverage packaging industry Customer-centric, packaging solutions provider across substrates with a North American footprint and broad distribution capabilities 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

GlobeNewswire 3 months ago

PTVE
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Novolex to acquire Pactiv Evergreen in $6.7B deal

The North American companies expect to finalize the all-cash deal in 2025, which would take Pactiv Evergreen private.

Packaging Dive 3 months ago

PTVE
0.00%
Just Three Days Till Pactiv Evergreen Inc. (NASDAQ:PTVE) Will Be Trading Ex-Dividend

Pactiv Evergreen Inc. ( NASDAQ:PTVE ) is about to trade ex-dividend in the next three days. The ex-dividend date is...

Simply Wall St. 4 months ago

PTVE
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Performance Overview

Return	PTVE	S&P 500 (^GSPC)
YTD	+3.09%	-12.35%
1-Year	+23.43%	+0.16%
3-Year	+97.06%	+12.50%

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Pactiv Evergreen Inc. (PTVE)

Novolex acquires Pactiv Evergreen for $6.7bn

Novolex completes $6.7B acquisition of Pactiv Evergreen

Pactiv Evergreen Inc. Announces Receipt of All Required Regulatory Approvals for Planned Acquisition by Novolex

Pactiv Evergreen settles for $6.25M over 2023 North Carolina mill closure

Pactiv Evergreen to close Michigan plant in US

Pactiv Evergreen to close Michigan plant, cut 153 jobs

Pactiv Evergreen Inc. Announces Expiration of Hart-Scott-Rodino Waiting Period for Planned Acquisition by Novolex

Pactiv Evergreen’s moulded fibre egg packaging receives FSC certification

Pactiv Evergreen Earns FSC®-Recycled Certification for Molded Fiber Egg Packaging

Walgreens Boots Alliance, Alaska Air And RH Are Among Top Mid-Cap Gainers Last Week (December 9-13): Are The Others In Your Portfolio?

Should You Buy Pactiv Evergreen Inc. (PTVE) After Golden Cross?

Pactiv Evergreen price target raised to $18 from $12 at Baird

Novolex to merge with Pactiv Evergreen in $6.7bn deal

Update: Pactiv Evergreen Shares Rise After $6.7 Billion Acquisition Deal With Apollo's Novolex

Top Midday Stories: China Probing Nvidia Over Potential Anti-Monopoly Law Breaches; Gallagher to Acquire AssuredPartners for $13.45 Billion

Pactiv Evergreen to Be Taken Private by Apollo-Backed Novolex in $6.7 Billion All-Cash Deal

Apollo-owned Novolex to take packaging products maker Pactiv private in $6.7 billion deal

Novolex and Pactiv Evergreen Inc. to Combine, Establishing a Leading Manufacturer in Food and Beverage Packaging

Novolex to acquire Pactiv Evergreen in $6.7B deal

Just Three Days Till Pactiv Evergreen Inc. (NASDAQ:PTVE) Will Be Trading Ex-Dividend

Performance Overview