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 ...

Novolex Holdings is taking over fellow plastic packaging maker Pactiv Evergreen Inc. in a $6.7 billion blockbuster deal. The move combines two companies with deep plastics portfolios, including ...

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.

The merger of Novolex and Pactiv Evergreen is expected to close in mid-2025 and Novolex CEO Stan Bikulege will lead the combined company. Two North American packaging companies have entered into a ...