1:70 min
Management
Agreement
Sonoco completes strategic review, announces agreement to sell Thermoformed and Flexibles Packaging (TFP) Business to TOPPAN Holdings Inc.
Sonoco Products Company, a comopany in high-value sustainable packaging, announced it has entered into an agreement to sell its Thermoformed and Flexibles Packaging business (“TFP”) to TOPPAN Holdings Inc. (“Toppan”) for approximately $1.8 billion on a cash-free and debt-free basis ...
1:70 min
Management
Agreement
Sonoco completes strategic review, announces agreement to sell Thermoformed and Flexibles Packaging (TFP) Business to TOPPAN Holdings Inc.
Sonoco Products Company, a comopany in high-value sustainable packaging, announced it has entered into an agreement to sell its Thermoformed and Flexibles Packaging business (“TFP”) to TOPPAN Holdings Inc. (“Toppan”) for approximately $1.8 billion on a cash-free and debt-free basis ...
1:33 min
Management
Transfer
Planned transaction: KraussMaffei Group to receive equity from Sinochem
Sinochem takes the next step in its planned debt-to-equity conversion. CNCE Lux, the parent company of the KraussMaffei Group, is to be transferred to CNCE Group (Hong Kong) Co., Limited, which is a company of Sinochem and will hold 90,76 percent of the shares. As a result, the ...