secwatch.observer — SEC 8-K summary
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Issuer:     GREIF, INC (GEF)
CIK:        0000043920
Form:       8-K
Filed at:   2025-07-01T23:59:59+00:00
Accession:  0000043920-25-000038
Event type: m_and_a
Sentiment:  positive
Materiality: 1.00
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Greif sells containerboard business for $1.8B cash to Packaging Corp of America
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- All-cash sale of Greif Containerboard Solutions and Box-Board Holding to Packaging Corporation of America.
- Transaction expected to close by end of fiscal 2025, subject to regulatory approvals.
- Proceeds will be used for debt repayment; pro-forma leverage below 2.0x post-close.
- CEO Ole Rosgaard says divestiture sharpens portfolio and advances Build to Last strategy.
- Goldman Sachs acted as exclusive financial advisor to Greif.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/43920/000004392025000038/0000043920-25-000038-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/43920/000004392025000038/gef-20250701.htm
  HTML page:      https://secwatch.observer/filing/0000043920-25-000038

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer