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

Dow Jones
04 Dec 2024
 

--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)

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