m_and_a
confidence high
sentiment positive
materiality 0.90
Greif completes $1.8B sale of containerboard business to Packaging Corp of America
GREIF, INC
- Sale closed Aug 31, 2025; purchase price $1.8B subject to adjustments; proceeds to reduce debt by ~$1.4B.
- Estimated gain on sale is $1.1B.
- FY2025 adjusted EBITDA guidance for continuing ops: $507M-$517M; excludes containerboard's YTD $168M and Q4 implied $50M.
- Adjusted free cash flow guidance adjusted by $15M to $290M-$300M; includes discontinued ops cash flows.
- Greif intends to use proceeds to reduce debt by ~$1.4B and enhance capital efficiency.
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