Greif Receives Antitrust Clearance for Caraustar Acquisition
Feb. 4, 2019 - Greif, Inc. on Feb. 1 announced that it has received notice that the U.S. Federal Trade Commission has granted early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act regarding Greif's pending acquisition of Caraustar Industries, Inc.
As this was the last regulatory approval required to complete the pending acquisition, Greif and Caraustar Industries expect the acquisition to close on February 11, 2019, subject to customary closing conditions.
Greif is a global leader in industrial packaging products and services. The company produces steel, plastic and fibre drums, intermediate bulk containers, reconditioned containers, flexible products, containerboard and packaging accessories and provides filling, packaging and other services for a wide range of industries. Greif also manages timber properties in the southeastern United States. To learn more, please visit: www.greif.com.
SOURCE: Greif, Inc.
Go to a related story on PaperAge.com:
» Greif to Acquire Caraustar Industries for $1.8 Billion - Dec. 20, 2018.