9. Pactiv Evergreen will "combine" with Novolex, the Charlotte-based company that bought the company in an all-cash transaction valued at $6.7 billion, the Dec. 9 news release announced.

Dec. 9—CANTON — Haywood residents who took a chance on investing in Pactiv Evergreen when it went public in 2020 can cash out at a significant profit. Pactiv Evergreen will be acquired by ...

The owner of the Canton paper mill is merging with another company, but it is unclear what impact the sale will have on the 187-acre mill site. According to a news release, Novolex is buying ...

The Novolex-Pactiv deal, supported by funds managed by affiliates of Apollo and Canada Pension Plan Investment Board, would allow the merged company to deliver 250 brands, along with expanded ...

Citi downgraded Pactiv Evergreen (PTVE) to Neutral from Buy with a price target of $18, up from $13. The firm sees limited upside to the shares following the announced combination with Novolex.