{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-083268","form_type":"8-K","ticker":null,"cik":"0001527508","company_name":"Pactiv Evergreen Inc.","filed_at":"2024-07-12T23:59:59+00:00","discovered_at":"2026-05-14T18:03:13.380055+00:00","generated_at":"2026-05-31T21:08:37.650354+00:00","sec_items":["2.05","2.06","7.01","9.01"],"event_type":"m_and_a","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Pactiv Evergreen signs $110M asset sale of Pine Bluff and Waynesville to Suzano, expects $320M-$340M impairment","bullets":["Sale price of $110 million in cash for Pine Bluff paper mill and Waynesville extrusion facility to Suzano S.A., closing expected Q4 2024.","Non-cash impairment charge of approximately $320 million to $340 million to be recorded in Q3 2024.","Suzano will offer employment to current employees at both facilities; long-term supply agreement for liquid packaging board to Pactiv Evergreen.","Restructuring total charges revised to $810M-$830M ($650M-$670M non-cash) as part of Beverage Merchandising Restructuring.","Agreement approved by Board on July 12, 2024; concludes strategic alternatives review for these facilities."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-083268","json":"https://secwatch.observer/filing/0000950170-24-083268.json","markdown":"https://secwatch.observer/filing/0000950170-24-083268.md","text":"https://secwatch.observer/filing/0000950170-24-083268.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1527508/000095017024083268/0000950170-24-083268-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1527508/000095017024083268/ptve-20240712.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T21:08:37.650354+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"aff3859e1c5d71cb19073c9a98207c694ecc7d1c","claim":"Pactiv Evergreen Inc. announced a impairment with charges of approximately $320 million to $340 million affecting Relevant Facilities (Pine Bluff, Arkansas mill and Waynesville, North Carolina extrusion facility).","evidence_excerpt":"Based on the estimated cash proceeds the Company expects to receive in connection with the Transaction, the Company currently expects that it will record a non-cash impairment charge of approximately $320 million to $340 million in the third quarter of 2024","evidence_source":"SEC 8-K Item 2.05/2.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1527508/000095017024083268/0000950170-24-083268-index.htm","confidence":0.9,"family_label":"Restructurings & Charges","details":[{"label":"Type","value":"impairment"},{"label":"Charge","value":"approximately $320 million to $340 million"},{"label":"Affected area","value":"Relevant Facilities (Pine Bluff, Arkansas mill and Waynesville, North Carolina extrusion facility)"}],"fact_type":"restructuring_charge"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}