Pactiv Evergreen Sells 50% Stake In Naturepak Beverage Packaging


20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.


  • Pactiv Evergreen Inc (NASDAQ:PTVE) subsidiary, Evergreen Packaging International LLC, has sold its 50% interest in Naturepak Beverage Packaging Co Ltd to affiliates of Elopak ASA. The financial terms of the deal were not disclosed.
  • Naturepak Beverage Packaging supplies customers in the Middle East and Africa region from manufacturing plants in Morocco and Saudi Arabia.
  • "The completion of this transaction positions Pactiv Evergreen to focus on our growth in North America where we are established as a leading manufacturer of fresh food and beverage packaging, servicing many of the world's most beloved brands," said CEO Michael King.
  • Price Action: PTVE shares closed higher by 5.19% at $10.33 on Tuesday.

20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.


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