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Stock impact report

Platinum Equity is said to be talks to buy packaging maker Trivium [Seeking Alpha]

Sonoco Products Company (SON) 
Last sonoco products company earnings: 4/16 06:45 am Check Earnings Report
US:NYSE Investor Relations: investor.sonoco.com/investor-relations-0
Company Research Source: Seeking Alpha
The buyout firm has outlasted other suitors as it works to complete a deal with owners Ontario Teachers' Pension Plan Board and Ardagh Group in the coming weeks, according to the report. Rival bidder Sonoco Products ( NYSE: SON ) removed itself from the Trivium auction after agreeing to buy European food can manufacturer Eviosys for about $3.9 billion in June, Bloomberg News reported. It's not certain that an agreement will be reached. Ardagh and OTPP explored a sale of Trivium in 2021, and abandoned the effort, the people said at the time. They revived the plans to sell the business earlier this year, Bloomberg News reported in January. Trivium makes metal packaging for industries including food, beauty and home care. Its yearly revenue is about $3.1 billion and the company has about 7,500 employees at 60 locations worldwide. Recommended For You More Trending News Recommended For You More Trending News About SON Stock Related Stocks Trending Analysis Trending Show less Read more
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