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Pactiv Evergreen Inc. agreed to sell its carton packaging and filling machinery businesses in China, Korea and Taiwan to SIG Combibloc Group Ltd for an enterprise value of approximately $335 million. The transaction is expected to close in Q2 or Q3 2022.
“The completion of this transaction will position Pactiv Evergreen to further our strategic focus in North America.”freshplaza.com
Summarized from public sources; check the original articles before acting on it.