Berry Global Announces Agreement to Sell Specialty Tapes Business to Nautic Partners
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Berry Global Group, Inc. has announced an agreement to sell its Specialty Tapes business to Nautic Partners for approximately $540 million. This move aligns with Berry's broader strategic goals.
November 26, 2024 | 1:45 am
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Berry Global Group, Inc. is selling its Specialty Tapes business to Nautic Partners for $540 million. This sale is part of Berry's strategic realignment.
The sale of the Specialty Tapes business for $540 million is a significant move for Berry Global, indicating a strategic realignment. This could positively impact Berry's stock as it focuses on its core operations and potentially improves its financial position.
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