Berry Global Announces Review Of Strategic Alternatives For iIs Health, Hygiene And Specialties Segment
Portfolio Pulse from Benzinga Newsdesk
Berry Global Group, Inc. (BERY) has announced that it is reviewing strategic alternatives for its Health, Hygiene, and Specialties segment. The review could potentially lead to a sale, spin-off, or other transaction.
September 08, 2023 | 12:10 pm
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Berry Global Group's announcement of a strategic review for its Health, Hygiene, and Specialties segment could potentially impact the company's stock price. The review could lead to a sale, spin-off, or other transaction.
The announcement of a strategic review often leads to uncertainty in the market, which can impact a company's stock price. However, the outcome of the review could potentially be positive for the company, depending on the transaction that is ultimately chosen. Therefore, the short-term impact on BERY's stock price is uncertain.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100