Novolex will offer $18 per share for the all-cash transaction, including debt, which would take Pactiv private. The deal represents a 32.4% premium to Pactiv's closing price on Dec. 2, a day before ...
Apollo Global Management Inc.-owned packaging company Novolex said it will purchase rival Pactiv Evergreen Inc. for $18 a share, or $6.7 billion including debt.