'New IPO Pactiv Evergreen PTVE Stock Largest Food And Beverage Packaging Company'

09:12 Jul 16, 2021
'Packaging company Pactiv Evergreen INc. PTVE, set terms for its initial public offering on Tuesday, with plans to offer 41.03 million shares, priced at $18 to $21 each. The company has applied to list on Nasdaq under the ticker \'PTVE.\'   There are 14 banks underwriting the deal, led by Credit Suisse and Citigroup. Proceeds will be used to repay debt and for general corporate purposes.   \"We are the largest manufacturer and distributor of fresh foodservice and food merchandising products and fresh beverage cartons in North America (as measured by revenue),\" the company says in its prospectus.   

Tags: Food , trading , Business , Trade , stock market , finance , stocks , how to make money online , fidelity , Beverage , how to invest in the stock market , best ipo stocks to buy , best ipo stock , buy best ipo stock , evergreen pactiv , ptve stock , how to buy the best ipo stocks , ipo market watch , best ways to invest , stock market news and analysis , initial public offering

See also:

comments