US EditionPCA Strikes $1.8B Deal to Acquire Greif’s Containerboard Business - USA Herald
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PCA Strikes $1.8B Deal to Acquire Greif’s Containerboard Business - USA Herald
In a powerful move set to reshape the U.S. packaging landscape, Packaging Corporation of America (PCA) has inked a $1.8 billion all-cash agreement to acquire the containerboard division of Greif Inc., both companies revealed on Tuesday. Legal guidance for the deal comes from top firms Mayer Brown LLP and A&O Shearman, while financial firepower is provided by BofA Securities and Goldman Sachs. The acquisition pushes PCA—already the third-largest …
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