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Stock impact report

Greif Reports First Quarter 2019 Results [Reuters]

Greif Inc. Class A (GEF) 
Last greif inc. class a earnings: 2/26 04:15 pm Check Earnings Report
Company Research Source: Reuters
Greif Inc (GEF.N) Key Developments | Reuters.com Dec 20 (Reuters) - Greif Inc ::GREIF INC - ENTERED INTO A COMMITMENT LETTER, WELLS FARGO BANK AND OTHER PARTIES TO PROVIDE CO A NEW $1,200.0 MILLION SENIOR SECURED TERM LOAN FACILITY.GREIF INC - COMMITMENT LETTER TO ALSO PROVIDE A $700.0 MILLION SENIOR UNSECURED BRIDGE FACILITY - SEC FILING. Full Article Dec 20 (Reuters) - Greif Inc ::GREIF TO ACQUIRE CARAUSTAR INDUSTRIES.TRANSACTION ENTERPRISE VALUE OF $1.8 BILLION.TRANSACTION IS IMMEDIATELY ACCRETIVE TO EARNINGS AND FINANCIAL PROFILE.ADDITION OF CARAUSTAR WILL BE IMMEDIATELY ACCRETIVE TO GREIF'S MARGINS, EARNINGS PER SHARE AND FREE CASH FLOW PER SHARE BEFORE SYNERGIES.TRANSACTION IS EXPECTED TO GENERATE ANNUAL RUN-RATE COST SYNERGIES OF AT LEAST $45 MILLION WITHIN 36 MONTHS OF CLOSING.TO ACQUIRE CARAUSTAR INDUSTRIES FROM AN AFFILIATE OF H.I.G. CAPITAL, IN A CASH TRANSACTION.ADDITION OF CARAUSTAR EXPECTED TO INCREASE GREIF'S U.S. SALES TO ROUGHLY TWO THIRDS OF TOTAL SALES FROM ABOUT Show less Read more
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