Berry Global to Sell Specialty Tapes Business to Nautic for $540M [Yahoo! Finance]
Berry Global Group, Inc. (BERY)
Last berry global group, inc. earnings: 5/1 07:30 am
Check Earnings Report
US:NYSE Investor Relations:
ir.berryglobal.com
Company Research
Source: Yahoo! Finance
Based in Rhode Island, Nautic is a middle-market private equity firm that specializes in sub-verticals within three key sectors, Healthcare, Industrials and Services. The company partners with executives to drive growth through acquisitions, initiatives and team expansion. The divestment of the Tapes business will help Berry Global to focus on its core businesses while supporting its capital allocation priorities. It supports the company's strategy to focus on more stable, high-growth consumer markets. BERY expects to use the cash proceeds of the transaction, net of modest taxes, to reduce its debt. It is worth noting that as of Sept. 30, 2024, the company's estimated net debt was approximately $5.9 billion. The transaction is expected to close in the first half of 2025, subject to closing approvals. Berry Global currently carries a Zacks Rank #5 (Strong Sell). In the past year, the stock has gained 10.8% compared with the industry's 24.9% growth. Image Source: Zacks Investme
Show less
Read more
Impact Snapshot
Event Time:
BERY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
BERY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
BERY alerts
High impacting Berry Global Group, Inc. news events
Weekly update
A roundup of the hottest topics
BERY
News
- Berry Global Group, Inc. (NYSE: BERY) is now covered by analysts at StockNews.com. They set a "buy" rating on the stock.MarketBeat
- Berry Global Group (BERY): Buy, Sell, or Hold Post Q3 Earnings? [Yahoo! Finance]Yahoo! Finance
- Trash/Bin Bags - Industry Analysis, Market Forecasts, and Competition Insights Featuring 38 Major Players, Including Berry Global, Reynolds Consumer Products, Novolex, Clorox Company, and Inteplast Group [Yahoo! Finance]Yahoo! Finance
- Popcorn Container Market to Expand at a CAGR of 10.1% from 2025 to 2034 and Touch USD 1,726.76 Million by 2034 | PMR [Yahoo! Finance]Yahoo! Finance
- Global Injection Molded Plastic Market to Reach USD 211 Billion by 2034 with Key Growth Driven by Automotive and Technological Innovations | Future Market Insights, Inc. [Yahoo! Finance]Yahoo! Finance
BERY
Earnings
- 11/19/24 - Beat
BERY
Sec Filings
- 12/16/24 - Form 425
- 12/4/24 - Form 144
- 11/27/24 - Form 4
- BERY's page on the SEC website