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Home » Business News
Business News
Friday 19. November 2010

Reynolds Group Holdings Limited Announces the Completion of its Acquisition of Pactiv Corporation

On 17 August 2010, Reynolds Group Holdings Limited (“Reynolds Group”) announced its intention to acquire all of the outstanding stock of Pactiv Corporation (the “Acquisition”). The Acquisition was completed on 16 November 2010, for $33.25 per share (in cash), for a total purchase price of approximately US$4.6 billion.

Friday 19. November 2010

Pactiv Announces Expiration and Final Results of the Tender Offer and Consent Solicitation for Its 6.400% Notes Due January 15, 2018

Pactiv Corporation (NYSE: PTV), a leader in the consumer and foodservice packaging markets, announced today that it has been acquired by Reynolds Group Holdings Limited (“Reynolds Group”) pursuant to the terms of the previously announced merger agreement between the parties.

Friday 19. November 2010

UPM RAFLATAC SHAPES UP TO DONATE EUR 50 000 TO CHARITY

UPM Raflatac is donating 50,000 euros through a global exercise campaign to the well-being of children and youths. The biggest individual sums will be donated to the Candlelighters association (6,000 euros) and Ellie’s Fund (5,000 euros) in Scarborough, UK, and the association ELER (5,000 euros) in Nancy, France. Globally donations are made in 13 countries.

Friday 19. November 2010

Autodesk Reports 14 Percent Year Over Year Revenue Growth

Strong Growth in Operating Margin, EPS, and Cash Flow from Operating Activities

Friday 19. November 2010

NEENAH PAPER ANNOUNCES CEO SUCCESSION PLAN

Current Chairman and CEO Sean T. Erwin to Retire as CEO Effective at the Annual Meeting of Shareholders in May 2011 and Will Remain on the Board as Non-Executive Chairman.

Thursday 18. November 2010

MWV Quarterly Dividend Rises to $0.25 per share, an Increase of 9 Percent

The Board of Directors of MeadWestvaco Corporation (NYSE: MWV) declared an increase in the company’s quarterly cash dividend to $0.25 per share of common stock, commencing with the payment on December 1, 2010, to stockholders of record at the close of business on November 26, 2010.

Thursday 18. November 2010

Ric Lee Joins Nazdar as Web Designer

Nazdar, the largest manufacturer of screen and digital printing inks in North America, announce the addition of Ric Lee to the marketing communications team in the position of web designer.

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