Straws are used by millions of people every day when enjoying drinks on-the-go. Huhtamaki now offers customers the opportunity to switch to paper straws for consuming cold drinks.
Amcor secured EU antitrust approval on Monday for its $5.25 billion buy of Bemis after agreeing to sell the U.S. company's medical packaging business in Europe to address competition concerns.
Eldorado Brasil Celulose SA has decided to suspend a proposed $500 million bond sale, as a dispute between key shareholders created unease among investors, a source with knowledge of the matter said.
The revolving credit facility will be used to refinance outstanding indebtedness under Glatfelter's existing senior credit facility, for general corporate purposes including working capital needs and to finance future organic and acquisition growth.
Weyerhaeuser Company (WY) announced that its board has authorized a new share repurchase program of up to $500 million of the company's common shares. This replaces the existing $2.5 billion share repurchase program authorized in November 2015.
