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BRIEF-Graphic Packaging to create a $6 billion integrated paper-based packaging company
2017年10月24日 / 中午11点55分 / 25 天前

BRIEF-Graphic Packaging to create a $6 billion integrated paper-based packaging company

Oct 24 (Reuters) - Graphic Packaging Holding Co

* Graphic Packaging to create a $6 billion integrated paper-based packaging company by combining with International Paper’s North America consumer packaging business

* Graphic Packaging Holding Co - ‍deal projected to be accretive to earnings in year one​ post-closing of deal

* Graphic Packaging Holding - Co will own 79.5 percent of partnership and will be sole operator; International Paper will own 20.5 percent of partnership​

* Graphic Packaging Holding Co - deal will ‍have no change to Graphic Packaging’s current board of directors or leadership team​

* Graphic Packaging Holding - ‍international Paper’s North America consumer packaging business is projected to generate adjusted EBITDA of $210 million in 2017​ Source text for Eikon: Further company coverage: (Bangalore.newsroom@thomsonreuters.com)

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