# Novolex to acquire Pactiv Evergreen for $6.7 billion in all-cash deal

Novolex agreed to acquire Pactiv Evergreen for $18.00 per share in an all-cash deal valued at $6.7 billion, combining the two into a leading food and beverage packaging manufacturer.

- Type: Acquisition
- Announced: 2024-09-12
- Value: $6.70B
- Status: announced
- Products: food and beverage packaging
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Novolex](https://endata.com/companies/331.md) (acquirer)
- [Pactiv Evergreen](https://endata.com/companies/5024.md) (target)

## Sources

- [stockopedia.com](https://www.stockopedia.com/share-prices/pactiv-evergreen-NSQ:PTVE/news/brief-novolex-to-acquire-pactiv-evergreen-in-6-7-bln-all-cash-deal-019e6dbf-edf9-72ac-8095-eb7e62944dce/), 2024-09-12: "NOVOLEX: TO ACQUIRE PACTIV EVERGREEN FOR $18.00 PER SHARE IN ALL-CASH DEAL VALUED AT $6.7 BILLION"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.