secwatch / observer
8-K/A filed November 21, 2023, 6:59 PM ET ticker GEF CIK 0000043920
M&A confidence high sentiment neutral materiality 0.60

Greif signs definitive agreement to acquire Ipackchem after Put Option exercise

GREIF, INC

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

GREIF, INC entered into Put Option Letter with owners of the parent of Ipackchem Group SAS valued at Irrevocable and unconditional agreement to acquire 100% of Ipackchem securities; conditions preceden (effective 2023-10-31).

Action
entry
Counterparty
owners of the parent of Ipackchem Group SAS
Value
Irrevocable and unconditional agreement to acquire 100% of Ipackchem securities; conditions preceden
Effective
2023-10-31
Exact text from the filing
on October 31, 2023, Greif International Holding, B.V., a Dutch company and a subsidiary of the Company (" GIH"), had entered into a material definitive agreement, namely a Put Option Letter (the " Put Option Letter "), with the owners of the parent of Ipackchem Group SAS (" Ipackchem ") regarding GIH’s proposed acquisition of Ipackchem.
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

GREIF, INC entered into Sale and Purchase Agreement with owners of the parent of Ipackchem Group SAS valued at Greif International Holding B.V. and Greif Packaging LLC will acquire Ipackchem Group SAS (effective 2023-11-17).

Action
entry
Agreement
asset purchase
Counterparty
owners of the parent of Ipackchem Group SAS
Value
Greif International Holding B.V. and Greif Packaging LLC will acquire Ipackchem Group SAS
Effective
2023-11-17
Exact text from the filing
On November 17, 2023, GIH, Greif Packaging LLC, a Delaware limited liability company and a subsidiary of the Company (" Greif Packaging "), and Sellers entered into the SPA.
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162 material agreements filed in the last 30 days. Browse all material agreements →

GREIF, INC filing history →

Source: SEC EDGAR
accession 0000043920-23-000059
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