(Bloomberg) -- Citigroup Inc. and Wells Fargo & Co. are preparing a $2 billion debt package to support Berry Global Group Inc.’s spinoff of the majority of its health, hygiene and specialties business with Glatfelter Corp., according to a person with knowledge of the matter. Most Read from BloombergBiden’s Gains Against Trump Vanish on Deep Economic Pessimism, Poll ShowsZuckerberg Asks for Patience After Meta’s AI Push Irks InvestorsTaylor Swift Is Proof That How We Critique Music Is BrokenMalay
Constellium (CSTM) delivered earnings and revenue surprises of -55.56% and 10.08%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?
NewHold Enterprises, an operationally focused investment firm, is pleased to announce the sale of F&S Tool, a leading North American designer and manufacturer of precision injection molding tools, to Berry Global Group, Inc. (NYSE: BERY). F&S Tool operates a 90,000 square foot facility located in Erie, Pennsylvania, with 11 issued/pending patents and 105 employees focused on proprietary technologies to serve a large and diverse addressable market. The sale was completed on April 05, 2024.