An update from Pactiv Evergreen ( (PTVE) ) is now available.
On March 28, 2025, Pactiv Evergreen announced that it had received all required regulatory approvals for its acquisition by Novolex, which is expected to close on April 1, 2025. The transaction will result in Pactiv Evergreen becoming a privately held company, with its common stock no longer listed on Nasdaq, marking a significant shift in its market presence.
More about Pactiv Evergreen
Pactiv Evergreen is a leading manufacturer and distributor of fresh foodservice and food merchandising products and fresh beverage cartons in North America. The company produces a broad range of products that protect, package, and display food and beverages, many of which are made with recycled, recyclable, or renewable materials. Its diverse customer base includes restaurants, foodservice distributors, retailers, and food and beverage producers.
YTD Price Performance: 2.86%
Average Trading Volume: 667,775
Technical Sentiment Signal: Sell
Current Market Cap: $3.24B
For a thorough assessment of PTVE stock, go to TipRanks’ Stock Analysis page.