Article1 min read Sep 11, 2025PCA Completes $1.8B Acquisition of Greif’s Containerboard BusinessGreif completed the divestiture of its containerboard business to Packaging Corporation of America for $1.8 billion in cash, the companies announced after markets closed Tuesday afternoon. The transaction itself closed on Sunday, according to a securities filing.
Article1 min read Jul 25, 2024Clearwater Paper to Sell Tissue Business to Sofidel America for $1.06 BillionClearwater Paper Corporation, a premier supplier of quality consumer tissue and bleached paperboard, announced that it has entered into a definitive agreement to sell its tissue business to Sofidel America Corporation, a subsidiary of Sofidel S.p.A., a leading manufacturer of paper for hygienic and domestic use, for $1.06 billion, subject to adjustments for debt, cash, transaction expenses and net working capital.
