Mativ To Sell Engineered Papers Business
Mativ Holdings, Inc. will divest its Engineered Papers business, part of the Fiber Based Solutions reporting segment, for $620 million, to Evergreen Hill Enterprise, a privately-held Singapore-based group of diverse companies. Subject to customary closing date adjustments, Mativ expects to receive net proceeds (net of taxes and other items) of approximately $575 million in the … Read more