Apollo-Owned Novolex to Take Packaging Products Maker Pactiv Private in $6.7 Billion Deal
The Novolex-Pactiv deal, supported by funds managed by affiliates of Apollo and Canada Pension Plan Investment Board, would allow the merged company to deliver 250 brands, along with expanded distribution, across the U.S., Canada and Mexico. The combined firm will be led by Novolex Chairman and CEO Stan Bikulege.