Berry And Glatfelter Announce New Brand Name In Connection With Proposed Merger Of Berry's Health, Hygiene And Specialties Global Nonwovens And Films Business And Glatfelter, With The Creation Of The Magnera Brand

7/24/24 8:38:08 AM ET

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Berry Global Group, Inc. (NYSE:BERY) and Glatfelter Corporation (NYSE:GLT) announced that the proposed merger of Berry's Health, Hygiene and Specialties Global Nonwovens and Films ("HHNF") business with Glatfelter progressed further today with the creation of the Magnera brand (pronounced ‘Mag-nair-uh'), a global leader in the specialty materials industry.

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Recent Analyst Ratings for
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$GLT

Company	Date	Price Target	Rating	Analyst
Berry Global Group Inc. $BERY	9/4/2024	$76.00	Equal-Weight	Morgan Stanley
Berry Global Group Inc. $BERY	4/16/2024	$68.00 → $65.00	Outperform → Neutral	Robert W. Baird
Berry Global Group Inc. $BERY	3/27/2024	$75.00 → $68.00	Buy → Hold	Truist
Berry Global Group Inc. $BERY	3/15/2024	$72.00 → $62.00	Outperform → Sector Perform	RBC Capital Mkts
Berry Global Group Inc. $BERY	3/1/2024		Peer Perform	Wolfe Research
Berry Global Group Inc. $BERY	1/16/2024	$89.00	Buy	UBS
Berry Global Group Inc. $BERY	10/20/2023		Mkt Perform	Raymond James
Berry Global Group Inc. $BERY	5/24/2023	$69.00 → $73.00	Hold → Buy	Truist

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Leadership Updates

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Glatfelter Announces Key Leadership Appointments in Connection With Proposed Merger With Berry's Health, Hygiene, and Specialties Global Nonwovens and Films Business
~ Kevin M. Fogarty to serve as Non-Executive Chair of the Board of Directors for the proposed newly combined company ~ James M. Till to serve as Executive Vice President, Chief Financial Officer & Treasurer ~ Tarun Manroa to serve as Executive Vice President, Chief Operating Officer CHARLOTTE, N.C., April 11, 2024 (GLOBE NEWSWIRE) -- Glatfelter Corporation (NYSE:GLT), a leading global supplier of engineered materials, in anticipation of the previously announced proposed merger of the majority of Berry Global's Health, Hygiene, and Specialties segment to include its Global Nonwovens and Films ("HHNF") business with Glatfelter, is pleased to announce today key leadership appointments, in
4/11/24 6:50:00 AM ET
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Plastic Products
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Major Chemicals
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Glatfelter Announces Resignation of Director Lee C. Stewart
CHARLOTTE, N.C., Sept. 26, 2023 (GLOBE NEWSWIRE) -- Glatfelter Corporation (NYSE:GLT), a leading global supplier of engineered materials, today announced that Mr. Lee C. Stewart has resigned from the Company's Board of Directors, effective September 25, 2023, citing reasons unrelated to the Company for his departure. The Company noted that this resignation is not related to Glatfelter's operations, financial reporting or controls, or personal conduct. "On behalf of Glatfelter's Board of Directors and our management team, we thank Lee for his longstanding service and deep commitment to the Company," said Mr. Thomas Fahnemann, President and Chief Executive Officer. "We greatly appreciate th
9/26/23 4:10:17 PM ET
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Paper
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Berry Global Appoints Kevin Kwilinski as Chief Executive Officer
Tom Salmon to Remain in Advisory Role Through Year-End Stephen Sterrett, Lead Independent Director, Named Chairman of the Board Berry Global Group, Inc. (NYSE:BERY) ("Berry" or the "Company"), a leading supplier of packaging solutions for consumer goods and industrial products, today announced that its Board of Directors (the "Board") has unanimously elected Kevin Kwilinski as Chief Executive Officer of Berry, effective October 2, 2023. In connection with this appointment, the Board has elected Stephen Sterrett, Lead Independent Director, as Chairman of the Board, also effective on October 2, 2023. As previously announced in February 2023, Tom Salmon will retire from his roles as CEO an
8/15/23 9:00:00 AM ET
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Berry Announces Fourth Quarter and Fiscal Year 2024 Results
Strategy Update – New Berry Successful completion of the spin of Berry's Health, Hygiene and Specialties Global Nonwovens and Films Business (‘HHNF') and merger with Glatfelter Corporation in early November New Berry emerges as a global leader of consumer-focused packaging solutions with enhanced stability of earnings, free cash flow and growth Fourth Quarter Highlights GAAP: Net sales of $3.2 billion; Operating income of $269 million; Earnings per share of $1.26 Non-GAAP: Operating EBITDA of $546 million; Adjusted earnings per share of $2.27 Organic volume growth of +2% (1% including HHNF) Fiscal Year Highlights GAAP: Net sales of $12.3 billion; Operating income of
11/19/24 6:30:00 AM ET
$BERY
Plastic Products
Industrials
AMCOR AND BERRY TO COMBINE IN AN ALL-STOCK TRANSACTION, CREATING A GLOBAL LEADER IN CONSUMER AND HEALTHCARE PACKAGING SOLUTIONS
Combination of Complementary Businesses Expands Product Offering and Capabilities to Support Higher Growth for Customers Combined R&D and Innovation Investment Accelerates Development of Sustainable Packaging Solutions and Delivers Greater Choice for Customers and Consumers $650 Million Annual Earnings Synergies Benefit Over 35% Adjusted Cash EPS Accretion Companies to Host Investor Conference Call Today at 8:00am U.S. Eastern Time ZURICH and EVANSVILLE, Ind., Nov. 19, 2024 /PRNewswire/ -- Amcor plc ("Amcor") (NYSE:AMCR, ASX: AMC)) and Berry Global Group, Inc. ("Berry") (NYSE:BERY), today announced they have entered into a definitive merger agreement, pursuant to which Amcor and Berry will c
11/19/24 4:25:00 AM ET
$AMCR
$BERY
Miscellaneous manufacturing industries
Consumer Discretionary
Plastic Products
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Berry Global Group, Inc. to Release Fourth Quarter and Fiscal Year 2024 Results on November 20, 2024
Berry Global Group, Inc. (NYSE:BERY), announced today that it will release its fourth quarter and fiscal year 2024 results on Wednesday, November 20, 2024, before trading begins on the New York Stock Exchange. At 10 a.m. Eastern Time on that day, Berry will hold its quarterly conference call on the Company's results and performance. This call will be webcast live at the Company's website at https://ir.berryglobal.com/financials. A new, simplified event registration and access provides two ways to access the call. By Telephone Participants may register for the call here now or any time up to and during the time of the call, and will immediately receive the dial-in number and a unique pin t
11/5/24 6:00:00 PM ET
$BERY
Plastic Products
Industrials

Berry Announces Fourth Quarter and Fiscal Year 2024 Results
Strategy Update – New Berry Successful completion of the spin of Berry's Health, Hygiene and Specialties Global Nonwovens and Films Business (‘HHNF') and merger with Glatfelter Corporation in early November New Berry emerges as a global leader of consumer-focused packaging solutions with enhanced stability of earnings, free cash flow and growth Fourth Quarter Highlights GAAP: Net sales of $3.2 billion; Operating income of $269 million; Earnings per share of $1.26 Non-GAAP: Operating EBITDA of $546 million; Adjusted earnings per share of $2.27 Organic volume growth of +2% (1% including HHNF) Fiscal Year Highlights GAAP: Net sales of $12.3 billion; Operating income of
11/19/24 6:30:00 AM ET
$BERY
Plastic Products
Industrials
AMCOR AND BERRY TO COMBINE IN AN ALL-STOCK TRANSACTION, CREATING A GLOBAL LEADER IN CONSUMER AND HEALTHCARE PACKAGING SOLUTIONS
Combination of Complementary Businesses Expands Product Offering and Capabilities to Support Higher Growth for Customers Combined R&D and Innovation Investment Accelerates Development of Sustainable Packaging Solutions and Delivers Greater Choice for Customers and Consumers $650 Million Annual Earnings Synergies Benefit Over 35% Adjusted Cash EPS Accretion Companies to Host Investor Conference Call Today at 8:00am U.S. Eastern Time ZURICH and EVANSVILLE, Ind., Nov. 19, 2024 /PRNewswire/ -- Amcor plc ("Amcor") (NYSE:AMCR, ASX: AMC)) and Berry Global Group, Inc. ("Berry") (NYSE:BERY), today announced they have entered into a definitive merger agreement, pursuant to which Amcor and Berry will c
11/19/24 4:25:00 AM ET
$AMCR
$BERY
Miscellaneous manufacturing industries
Consumer Discretionary
Plastic Products
Industrials
Berry Global Group, Inc. to Release Fourth Quarter and Fiscal Year 2024 Results on November 20, 2024
Berry Global Group, Inc. (NYSE:BERY), announced today that it will release its fourth quarter and fiscal year 2024 results on Wednesday, November 20, 2024, before trading begins on the New York Stock Exchange. At 10 a.m. Eastern Time on that day, Berry will hold its quarterly conference call on the Company's results and performance. This call will be webcast live at the Company's website at https://ir.berryglobal.com/financials. A new, simplified event registration and access provides two ways to access the call. By Telephone Participants may register for the call here now or any time up to and during the time of the call, and will immediately receive the dial-in number and a unique pin t
11/5/24 6:00:00 PM ET
$BERY
Plastic Products
Industrials

Berry And Glatfelter Announce New Brand Name In Connection With Proposed Merger Of Berry's Health, Hygiene And Specialties Global Nonwovens And Films Business And Glatfelter, With The Creation Of The Magnera Brand

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Recent Analyst Ratings for $BERY$GLT

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Morgan Stanley initiated coverage on Berry Global with a new price target

Berry Global downgraded by Robert W. Baird with a new price target

Berry Global downgraded by Truist with a new price target

$BERY$GLT Leadership Updates

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Glatfelter Announces Key Leadership Appointments in Connection With Proposed Merger With Berry's Health, Hygiene, and Specialties Global Nonwovens and Films Business

Glatfelter Announces Resignation of Director Lee C. Stewart

Berry Global Appoints Kevin Kwilinski as Chief Executive Officer

$BERY$GLT Insider Purchases

Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

Thomas Peter T bought $59,500 worth of shares (1,000 units at $59.50), increasing direct ownership by 29% to 4,407 units (SEC Form 4)

Foster Jonathan F bought $58,490 worth of shares (1,000 units at $58.49), increasing direct ownership by 21% to 5,728 units (SEC Form 4)

Thomas Peter T bought $112,000 worth of shares (2,000 units at $56.00) (SEC Form 4)

$BERY$GLT Financials

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Berry Announces Fourth Quarter and Fiscal Year 2024 Results

AMCOR AND BERRY TO COMBINE IN AN ALL-STOCK TRANSACTION, CREATING A GLOBAL LEADER IN CONSUMER AND HEALTHCARE PACKAGING SOLUTIONS

Berry Global Group, Inc. to Release Fourth Quarter and Fiscal Year 2024 Results on November 20, 2024

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$BERY$GLT Insider Trading

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Berry Announces Fourth Quarter and Fiscal Year 2024 Results

AMCOR AND BERRY TO COMBINE IN AN ALL-STOCK TRANSACTION, CREATING A GLOBAL LEADER IN CONSUMER AND HEALTHCARE PACKAGING SOLUTIONS

Berry Global Group, Inc. to Release Fourth Quarter and Fiscal Year 2024 Results on November 20, 2024

SEC Form 4 filed by Director Hall Mary Dean

EVP, GC & Corp Sec Urey Jill L. was granted 971 shares and covered exercise/tax liability with 275 shares, increasing direct ownership by 76% to 1,615 units (SEC Form 4)

EVP, Chief HR Officer Beck Eileen L was granted 2,427 shares and covered exercise/tax liability with 696 shares, increasing direct ownership by 55% to 4,875 units (SEC Form 4)

$BERY$GLT SEC Filings

SEC Form 425 filed by Berry Global Group Inc.

SEC Form 425 filed by Berry Global Group Inc.

SEC Form 144 filed by Berry Global Group Inc.

$BERY$GLT Market Insights

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Berry And Glatfelter Announce New Brand Name In Connection With Proposed Merger Of Berry's Health, Hygiene And Specialties Global Nonwovens And Films Business And Glatfelter, With The Creation Of The Magnera Brand

UBS Maintains Buy on Berry Global Gr, Lowers Price Target to $77

Berry Global And Glatfelter Announced The Achievement Of An Additional Regulatory Milestone In The Proposed Transaction Involving The Combination Of A Majority Of Berry's Health, Hygiene And Specialties Segment

$BERY$GLT Large Ownership Changes

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Amendment: SEC Form SC 13G/A filed by Berry Global Group Inc.

Amendment: SEC Form SC 13G/A filed by Berry Global Group Inc.

Amendment: SEC Form SC 13D/A filed by Glatfelter Corporation

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