Packaging Corporation of America to buy Greif containerboard business for $1.8 billion

Packaging Corporation of America agreed to purchase Greif's containerboard business for $1.8 billion in cash, including two US mills with about 800,000 tons of capacity and eight corrugated plants, with closing expected by the end of PCA's third quarter.

“Packaging Corporation of America (NYSE: PKG) today announced that it has entered into a definitive agreement to purchase the containerboard business of Greif, Inc. for $1.8 billion in cash.”markets.financialcontent.com

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• markets.financialcontent.comDental Economics - Packaging Corporation of America Announces Agreement to Purchase Greif Containerboard BusinessMay 10, 2019

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