WestRock Enters Into Definitive Agreement to Divest Home, Health and Beauty Business for $1.025 Billion

WestRock Enters Into Definitive Agreement to Divest Home, Health and Beauty Business for $1.025 Billion
WestRock Enters Into Definitive Agreement to Divest Home, Health and Beauty Business for $1.025 Billion

WestRock Company announced today that it has entered into a definitive purchase agreement with Silgan Holdings Inc. under which Silgan will purchase WestRock’s Home, Health and Beauty business for $1.025 billion in cash plus the assumption of approximately $25 million in foreign pension liability. WestRock expects to receive net after-tax proceeds from the divestiture of approximately $1 billion.

 

Read more

Source: http://ir.westrock.com/