secwatch.observer — SEC 8-K summary
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Issuer:     GREIF, INC (GEF)
CIK:        0000043920
Form:       8-K
Filed at:   2025-09-02T23:59:59+00:00
Accession:  0000043920-25-000054
Event type: m_and_a
Sentiment:  positive
Materiality: 0.90
Item codes: 2.01, 9.01, 7.01
LLM model:  deepseek-v4-flash:cloud@v2

Greif completes $1.8B sale of containerboard business to Packaging Corp of America
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/43920/000004392025000054/0000043920-25-000054-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/43920/000004392025000054/gef-20250902.htm
  HTML page:      https://secwatch.observer/filing/0000043920-25-000054

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