Silgan secures $1bn deal for key WestRock business
Packaging converter WestRock Company has entered into a definitive purchase agreement with Silgan Holdings under which Silgan will purchase its Home, Health and Beauty business for $1.025 billion in cash plus the assumption of $25 million in foreign pension liability. Georgia, US-based WestRock expects to receive net after-tax proceeds from the divestiture of approximately $1bn….
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