Greif to buy recycled paperboard and packing company Caraustar for $1.8 billion in cash [MarketWatch]
Greif Inc. Class A (GEF)
Last greif inc. class a earnings: 2/26 04:15 pm
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greif.com/about-greif/news/news/article/greif-inc-announces-highlights-of-2017-investor-day
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Source: MarketWatch
Greif to buy recycled paperboard and packing company Caraustar for $1.8 billion in cash Industrial packaging products company Greif Inc. GEF, -2.37% said Thursday it was buying recycled paperboard and packaging company Caraustar Industries Inc. from an affiliate of H.I.G. Capital in a cash deal valued at $1.8 billion. The deal, which is expected to close during the first quarter of 2019, will immediately add to Greif's earnings per share, margins and free cash flow, and is expected to create annual cost synergies of at least $45 million within 36 months. Greif's stock, which is still inactive in premarket trade, has dropped 28.5% over the past three months, while the S&P 500 SPX, -1.54% has shed 14.5%. Have breaking news sent to your inbox. Subscribe to MarketWatch's free Bulletin emails. Sign up here.
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GEF
News
- Greif Named to America’s Most Responsible Companies 2026 List for Seventh Consecutive YearGlobeNewswire
- Greif (NYSE:GEF) was downgraded by analysts at Zacks Research from a "hold" rating to a "strong sell" rating.MarketBeat
- Greif (NYSE:GEF) had its price target raised by analysts at Wells Fargo & Company from $67.00 to $68.00. They now have an "overweight" rating on the stock.MarketBeat
- Greif Reports Fourth Quarter and Fiscal 2025 ResultsGlobeNewswire
- Greif (NYSE:GEF) was upgraded by analysts at Zacks Research from a "strong sell" rating to a "hold" rating.MarketBeat
GEF
Earnings
- 11/5/25 - Beat
GEF
Sec Filings
- 12/4/25 - Form 4
- 11/21/25 - Form 4
- 11/19/25 - Form 4
- GEF's page on the SEC website