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Recent Articles

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C&S Wholesale Grocers' ability to compete without Safeway banner questioned; CEO confirms letter to FTC seeking exclusive rights to grocer's banner

Complete AMES lumber mill in Dexter City, Ohio, up for auction via online bidding; mill to open facility inspections for buyers on Sept. 9, includes 2007 freightliner, woodworking lathe, overhead crane

Wells Fargo: Sonoco announces strategic review of Thermoformed & Flexible Packaging business to fund Eviosys deal; analysis suggests potential US$1.2B-US$1.3B proceeds, but divestiture continues to bring uncertainty to long-term strategy to lower leverage

UBS maintains Orora at neutral, noting divestment of US packaging distribution business will aid in debt repayment, balancing of balance sheet; company will be more concentrated on beverage packaging, with 50% of EBIT from Australasian operations

Evonik completes sale of superabsorbents business to ICIG; transaction includes five production facilities in Germany, US with 1,000 employees transferring September 1, 2024

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