Brief: Sonoco Completes Strategic Review, Announces Agreement To Sell Thermoformed And Flexibles Packaging (Tfp) Business To Toppan Holdings Inc.

Sonoco Products

18/12/2024 23:14

Dec 18 (Reuters) - Sonoco Products Co  SON.N :
    * SONOCO COMPLETES STRATEGIC REVIEW, ANNOUNCES AGREEMENT TO
SELL THERMOFORMED AND FLEXIBLES PACKAGING (TFP) BUSINESS TO
TOPPAN HOLDINGS INC.
    * SONOCO PRODUCTS CO - TO SELL THERMOFORMED AND FLEXIBLES
PACKAGING BUSINESS FOR $1.8 BILLION
    * SONOCO PRODUCTS CO - NET PROCEEDS EXPECTED TO REPAY
EXISTING
DEBT
    * SONOCO PRODUCTS CO -  TO SELL ITS THERMOFORMED AND
FLEXIBLES
PACKAGING BUSINESS TO TOPPAN HOLDINGS INC.

Source text:  ID:nGNXPrxmF 
Further company coverage:  SON.N 

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