Berry Global Group, Glatfelter Secure Regulatory Approvals for Planned Business Combination

MT Newswires Live
Jun 26, 2024

Berry Global Group (BERY) and Glatfelter (GLT) said Tuesday that they have completed the regulatory approvals required to complete their previously announced plan to merge Berry's HHNF business with Glatfelter.

The HHNF business includes a majority of Berry's health, hygiene, and specialties segment and the planned transaction has already cleared the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act, according to the statement.

Berry and Glatfelter expect to close the transaction in the second half of the year, subject to Glatfelter shareholders' approval and other customary conditions.

The companies said they aim for the business combination to create a publicly traded company in the specialty materials sector.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10