Sonoco Products Co.

NYSE:SON   3:59:58 PM EDT
+0.40 (+0.73%)
4:00:00 PM EDT: $55.12 -0.01 (-0.02%)
Debt Financing / Related, Divestitures / Spin-offs, Mergers / Acquisitions

Sonoco To Divest Europe Contract Packaging Business To Prairie Industries Holdings Backed By The Halifax Group

Published: 10/12/2020 12:52 GMT
Sonoco Products Co (SON) - Press Release - Sonoco to Divest Europe Contract Packaging Business to Prairie Industries Holdings Backed by the Halifax Group.
Sonoco Products Co - Deal for $120 Million in Cash.
Sonoco Products Co - Net Proceeds From Transaction Are Expected to Be Used to Reduce Short-term Debt.
Sonoco Products Co - Sonoco's Europe Contract Packaging Business Produced Net Sales of Approximately $300 Million in 2019.