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Sonoco sells European contract packaging business

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Published in issue 43/2020
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US packaging company Sonoco is to sell its European contract packaging division to fellow company US Prairie Industries Holding. Sonoco reports the price tag at $120m cash. The transaction, subject to the usual regulatory approvals, is expected to be completed in the ongoing fourth quarter. Sonoco’s European ...

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Article topics
Mergers and acquisitions
Packaging
Sonoco
Article categories
Companies
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