BUSINESS/FINANCE NEWS
Setup News Ticker
   BUSINESS/FINANCE NEWS
Searching for 'Market capital'. (Return)

MarketWatch MarketPulseMay 14, 2021
Graphic Packaging stock surges toward a record after $1.45 billion deal to buy AR Packaging
Shares of Graphic Packaging Holding Co. surged 6.9% into record territory in premarket trading Friday, after the consumer packaging company announced an agreement to buy AR Packaging Group AB for about $1.45 billion in cash from CVC Capital Partners Fund IV. Graphic Packaging said AR Packaging is Europe's second largest producer of fiber-based consumer packaging. The company said it expects the deal to add $1.1 billion in annual sales, result in $40 million in synergies and immediately add to earnings after the deal closes, which is expected to occur in four to six months. "Acquiring AR Packaging will result in significant value creation opportunities for our customers, our employees, and our stockholders as we bring together two leading providers of fiber-based consumer packaging solutions with long histories of innovation and creative packaging design," said Graphic Packaging Chief Executive Michael Doss. The stock has rallied 16.3% over the past three months through Thursday, while the S&P 500 has gained 4.5%.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.



MarketWatch MarketPulseMay 14, 2021
Dow up more than 200 points as stocks open higher in bid to extend bounce
Stocks opened higher Friday in a bid to extend the previous session's bounce at the end of a volatile week that saw inflation fears move front and center across capital markets. The Dow Jones Industrial Average was up 216 points, or 0.6%, at 34,237, while the S&P 500 rose 34 points, or 0.8%, to 4,146. The Nasdaq Composite gained 142 points to trade at 13,267, a gain of more than 1%. Major benchmarks remain on track for hefty weekly losses, with the Dow down 1.5%, the S&P 500 sporting a decline of more than 2% and the Nasdaq off 3.6%.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.


TRENDING TAGS
StocksBuy inflation rebound biggest Dow
StockBuy inflation Earnings Market futures
inflationstocks fears again Investors Fed
AmericansCDC states million guidance will
MillionColonial Pipeline Paid Ransom Coronavirus
BusinessHow pandemic About customers chip
HereWhere There how Stock about
PandemicHow Post-Pandemic claims low Disney
PipelineColonial Gas Paid hackers Ransom
shouldinvestors shouldnt cryptos drop zero

NEWS SOURCES
Top News (Business News)
Accounting Today
AdWeek News
Banking Business Review
Barron's This Week Magazine
Barron's Up and Down Wall Street Daily
Brad Ideas
Chicago Tribune Business News
CNBC Business
CNBC Economy
CNBC Finance
CNN/Money
CNN/Money Real Estate News
Dismal.com: Analysis
Dismal.com: Indicators
Enterprise Application News
Entrepreneur.com
Forbes Headlines
Forbes Social Media News
FT.com - China, Economy & Trade
FT.com - Financial Markets
FT.com - Hedge Funds
FT.com - Telecoms
FT.com - US
Google Business News
Google Market News
HBS Working Knowledge
Inc.com
INSEAD Knowledge
International Tax Review
Kiplinger
Knowledge@Wharton
L.S. Starrett News
MarketWatch
MarketWatch Breaking News
MarketWatch MarketPulse
McKinsey Quarterly
MSNBC.com: Business
Nielsen Trends
NonProfit Times
NPR Topics: Business
NYTimes Business
OpinionJournal.com
Private Equity Breaking News
Reuters Business
Reuters Company News
Reuters Money
SEC.gov Updates: News Digest
SHRM HR News
Tax Policy News
The Economist International News
The Motley Fool
USA Today Money
Wall Street Journal US Business
Wall Street Transcript
Washington Post Business
WSJ Asia
WSJ Europe
WSJ MoneyBeat
WSJ Opinion
WSJ US News
WSJ World Markets
Yahoo Business
  • CEOExpress
  • 1 Boston Place | Suite 2600
    Boston MA 02108
  • Contact
  • As an Amazon Associate
    CEOExpress earns from
    qualifying purchases.

©1999-2021 CEOExpress Company LLC