Brief: Greif Plans To Acquire IPACKCHEM

Greif

31/10/2023 12:35

Oct 31 (Reuters) - Greif Inc  GEF.N :
    * GREIF PLANS TO ACQUIRE IPACKCHEM
    * GREIF INC - PROPOSED DEAL FOR IN A CASH TRANSACTION VALUED
AT
$538 MILLION
    * GREIF INC - FINANCIAL PROFILE IMMEDIATELY ACCRETIVE TO
EBITDA
MARGINS AND FREE CASH FLOW
    * GREIF INC - PLANNED TRANSACTION WOULD BE FUNDED THROUGH
AVAILABLE CAPACITY IN GREIF'S EXISTING CREDIT FACILITIES
    * GREIF INC - DEAL EXPECTED TO CLOSE BY END OF Q2 OF GREIF'S
2024
FISCAL YEAR

Source text for Eikon:  ID:nGNXbGlwy 
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