Apollo Global Management's Novolex Explores Offer for Pactiv Evergreen, Sources Say, Bloomberg Reports

Dow Jones

2024-12-04

--Apollo Global Management's packaging company Novolex is studying a potential takeover offer for the fresh-food- and beverage-packaging company Pactiv Evergreen, Bloomberg reports, citing people familiar with the matter.

--Novolex is discussing a possible bid for its rival with financial advisers, but hasn't made a final decision yet, the people said, according to the report.

--Apollo, Pactiv Evergreen and Novolex representatives either declined or didn't respond to requests for comment, Bloomberg reported.

Full article at https://www.bloomberg.com/news/articles/2024-12-03/apollo-s-novolex-is-said-to-explore-offer-for-pactiv-evergreen

Write to Sabela Ojea at sabela.ojea@wsj.com

(END) Dow Jones Newswires

December 03, 2024 12:18 ET (17:18 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApollo Global Management's Novolex Explores Offer for Pactiv Evergreen, Sources Say, Bloomberg Reports\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2024-12-04 01:18</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  --Apollo Global Management's packaging company Novolex is studying a potential takeover offer for the fresh-food- and beverage-packaging company Pactiv Evergreen, Bloomberg reports, citing people familiar with the matter. \n</p>\n<p>\n  --Novolex is discussing a possible bid for its rival with financial advisers, but hasn't made a final decision yet, the people said, according to the report. \n</p>\n<p>\n  --Apollo, Pactiv Evergreen and Novolex representatives either declined or didn't respond to requests for comment, Bloomberg reported. \n</p>\n<pre>\n \n</pre>\n<p>\n  Full article at https://www.bloomberg.com/news/articles/2024-12-03/apollo-s-novolex-is-said-to-explore-offer-for-pactiv-evergreen \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Sabela Ojea at sabela.ojea@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  December 03, 2024 12:18 ET (17:18 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4135","symbol_name":"资产管理与托管银行","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2488925990","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2488925990","pubTimestamp":1733246280,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"--Apollo Global Management's packaging company Novolex is studying a potential takeover offer for the fresh-food- and beverage-packaging company Pactiv Evergreen, Bloomberg reports, citing people familiar with the matter.--Novolex is discussing a possible bid for its rival with financial advisers, but hasn't made a final decision yet, the people said, according to the report.--Apollo, Pactiv Evergreen and Novolex representatives either declined or didn't respond to requests for comment, Bloomberg reported.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4135":"资产管理与托管银行","BK4184":"其它综合性金融服务","LU1323610961.USD":"UBS (LUX) EQUITY SICAV - LONG TERM THEMES (USD) \"P\" (USD) ACC","IE0002270589.USD":"LEGG MASON CLEARBRIDGE VALUE \"A\" (USD) INC","IE00B775SV38.USD":"NEUBERGER BERMAN US MULTICAP OPPORTUNITIES \"A\" (USD) ACC","LU0106831901.USD":"贝莱德世界金融基金A2","LU0006061336.USD":"Blackrock US Small and MidCap Opportunities A2 USD","IE00B19Z3B42.SGD":"Legg Mason ClearBridge - Value A Acc SGD","IE00B3S45H60.SGD":"Neuberger Berman US Multicap Opportunities A Acc SGD-H","APO":"阿波罗全球管理","IE00B19Z3581.USD":"Legg Mason ClearBridge - Value A Acc USD","PTVE":"Pactiv Evergreen Inc.","LU1668664300.SGD":"Blackrock World Financials A2 SGD-H","LU1791807156.HKD":"BGF WORLD FINANCIALS \"A2\" (HKDHDG) ACC"},"translate_title":"据彭博社报道，消息人士称，Apollo Global Management的Novolex正在探索对Pactiv Evergreen的收购要约","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"APO":0.9,"PTVE":1},"content_text":"--Apollo Global Management's packaging company Novolex is studying a potential takeover offer for the fresh-food- and beverage-packaging company Pactiv Evergreen, Bloomberg reports, citing people familiar with the matter. \n\n\n  --Novolex is discussing a possible bid for its rival with financial advisers, but hasn't made a final decision yet, the people said, according to the report. \n\n\n  --Apollo, Pactiv Evergreen and Novolex representatives either declined or didn't respond to requests for comment, Bloomberg reported. \n\n\n \n\n\n  Full article at https://www.bloomberg.com/news/articles/2024-12-03/apollo-s-novolex-is-said-to-explore-offer-for-pactiv-evergreen \n\n\n \n\n\n  Write to Sabela Ojea at sabela.ojea@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  December 03, 2024 12:18 ET (17:18 GMT)\n\n\n  Copyright (c) 2024 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":0,"code":"91000000","status":"200"}}}