Brief: Greif Inc To Acquire Lee Container

Greif

09/11/2022 12:02

Nov 9 (Reuters) - Greif Inc  GEF.N :
    * GREIF TO ACQUIRE LEE CONTAINER
    * GREIF INC - PROPOSED DEAL FOR PURCHASE PRICE OF $300
MILLION
    * GREIF INC - ALL-CASH TRANSACTION WILL BE FUNDED THROUGH
GREIF'S
EXISTING CREDIT FACILITY
    * GREIF INC - PURCHASE PRICE OF $300 MILLION IS BEFORE
TAKING INTO
CONSIDERATION TAX BENEFITS WITH ESTIMATED NET PRESENT VALUE OF
ABOUT $30 MILLION

Source text for Eikon:  ID:nPn5kZbFga 
Further company coverage:  GEF.N 
 ((Reuters.Briefs@thomsonreuters.com;))