Sonoco Explores Strategic Alternatives For Thermoformed & Flexibles Packaging Business As Part Of Further Portfolio Simplification
Portfolio Pulse from Benzinga Newsdesk
Sonoco is considering strategic alternatives for its Thermoformed and Flexibles Packaging business as part of its efforts to simplify its portfolio.
September 04, 2024 | 8:11 pm
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Sonoco is evaluating strategic options for its Thermoformed and Flexibles Packaging business, which could include a sale or restructuring, as part of its portfolio simplification strategy.
The exploration of strategic alternatives suggests potential changes such as a sale or restructuring, which could positively impact Sonoco's stock by streamlining operations and focusing on core areas.
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