• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI Executive AssistantNEW
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI Executive AssistantNEW
  • Settings
  • RSS Feeds
PublishGo to AppAI Helper
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI employees for your businessNEW
    Legal
    Terms of usePrivacy policyCookie policy

    Pactiv Evergreen Inc. filed SEC Form 8-K: Regulation FD Disclosure, Financial Statements and Exhibits

    3/28/25 4:12:03 PM ET
    $PTVE
    Containers/Packaging
    Consumer Discretionary
    Get the next $PTVE alert in real time by email
    8-K
    nil000152750800015275082025-03-282025-03-28

     

    UNITED STATES
    SECURITIES AND EXCHANGE COMMISSION
    WASHINGTON, D.C. 20549

     

    FORM 8-K

     

    CURRENT REPORT

    Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

    Date of Report (Date of earliest event reported): March 28, 2025

     

     

    PACTIV EVERGREEN INC.

    (Exact name of Registrant as Specified in Its Charter)

     

     

    Delaware

    001-39528

    88-0927268

    (State or Other Jurisdiction
    of Incorporation)

    (Commission File Number)

    (IRS Employer
    Identification No.)

     

     

     

     

     

    1900 W. Field Court

     

    Lake Forest, Illinois

     

    60045

    (Address of Principal Executive Offices)

     

    (Zip Code)

     

    Registrant’s Telephone Number, Including Area Code: 847 482-2000

     

     

    (Former Name or Former Address, if Changed Since Last Report)

     

    Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

     

     

    ☐

    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

     

    ☐

    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

     

    ☐

    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

     

    ☐

    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

     

    Securities registered pursuant to Section 12(b) of the Act:


    Title of each class

     

    Trading
    Symbol(s)

     


    Name of each exchange on which registered

    Common stock, $0.001 par value

     

    PTVE

     

    The Nasdaq Stock Market LLC

    Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

    Emerging growth company ☐

    If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

     

     


     

    Item 7.01. Regulation FD Disclosure.

    As previously reported, on December 9, 2024, Pactiv Evergreen Inc., a Delaware corporation (the “Company”), entered into an Agreement and Plan of Merger (the “Merger Agreement”) with Novolex Holdings, LLC, a Delaware corporation (“Novolex”), and Alpha Lion Sub, Inc., a Delaware corporation and a wholly owned subsidiary of Novolex (“Merger Sub”), pursuant to which Merger Sub will merge with and into the Company, with the Company continuing as the surviving corporation and becoming a wholly owned subsidiary of Novolex (the “Merger”).

    On March 28, 2025, the Company issued a press release announcing that all required regulatory approvals had been received in connection with the Merger. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K.

    The information included in this Item 7.01 of this Current Report on Form 8-K, including Exhibit 99.1 attached hereto, is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that Section, nor shall it be deemed incorporated by reference into any other filing under the Securities Act of 1933, as amended, or the Exchange Act, except as otherwise expressly set forth by specific reference in such filing.

    Item 9.01 Financial Statements and Exhibits.

    (d) Exhibits

     

    Exhibit

    Number

     

    Description

    99.1

     

    Press Release issued by Pactiv Evergreen Inc., dated March 28, 2025.

    104

     

    Cover Page Interactive Data File (embedded within the Inline XBRL document).

     


    SIGNATURES

    Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

     

    Date: March 28, 2025

     

     

    PACTIV EVERGREEN INC.

     

     

     

     

     

    By:

     

    /s/ Chandra J. Mitchell

     

     

     

    Chandra J. Mitchell

     

     

     

    Chief Legal Officer and Secretary

     


    Get the next $PTVE alert in real time by email

    Crush Q3 2025 with the Best AI Executive Assistant

    Stay ahead of the competition with Tailforce.ai - your AI-powered business intelligence partner.

    AI-Powered Inbox
    Context-aware email replies
    Strategic Decision Support
    Get Started with Tailforce.ai

    Recent Analyst Ratings for
    $PTVE

    DatePrice TargetRatingAnalyst
    1/10/2025$18.00Buy → Neutral
    UBS
    12/18/2024$15.00 → $18.00Buy → Hold
    Jefferies
    12/10/2024$13.00 → $18.00Buy → Neutral
    Citigroup
    1/19/2024$18.00Buy
    Jefferies
    1/16/2024$19.00Buy
    UBS
    1/3/2024$10.00 → $16.00Neutral → Buy
    Citigroup
    1/2/2024$14.00 → $16.00Neutral → Buy
    BofA Securities
    5/23/2022$12.00 → $10.00Buy → Neutral
    Citigroup
    More analyst ratings

    $PTVE
    SEC Filings

    See more
    • Pactiv Evergreen Inc. filed SEC Form 8-K: Entry into a Material Definitive Agreement, Termination of a Material Definitive Agreement, Completion of Acquisition or Disposition of Assets, Changes in Control of Registrant, Leadership Update, Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year, Creation of a Direct Financial Obligation, Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing, Material Modification to Rights of Security Holders, Financial Statements and Exhibits

      8-K - Pactiv Evergreen Inc. (0001527508) (Filer)

      4/1/25 3:43:53 PM ET
      $PTVE
      Containers/Packaging
      Consumer Discretionary
    • SEC Form S-8 POS filed by Pactiv Evergreen Inc.

      S-8 POS - Pactiv Evergreen Inc. (0001527508) (Filer)

      4/1/25 11:17:03 AM ET
      $PTVE
      Containers/Packaging
      Consumer Discretionary
    • SEC Form S-8 POS filed by Pactiv Evergreen Inc.

      S-8 POS - Pactiv Evergreen Inc. (0001527508) (Filer)

      4/1/25 11:12:51 AM ET
      $PTVE
      Containers/Packaging
      Consumer Discretionary

    $PTVE
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • Pactiv Evergreen downgraded by UBS with a new price target

      UBS downgraded Pactiv Evergreen from Buy to Neutral and set a new price target of $18.00

      1/10/25 9:07:23 AM ET
      $PTVE
      Containers/Packaging
      Consumer Discretionary
    • Pactiv Evergreen downgraded by Jefferies with a new price target

      Jefferies downgraded Pactiv Evergreen from Buy to Hold and set a new price target of $18.00 from $15.00 previously

      12/18/24 7:42:48 AM ET
      $PTVE
      Containers/Packaging
      Consumer Discretionary
    • Pactiv Evergreen downgraded by Citigroup with a new price target

      Citigroup downgraded Pactiv Evergreen from Buy to Neutral and set a new price target of $18.00 from $13.00 previously

      12/10/24 8:00:41 AM ET
      $PTVE
      Containers/Packaging
      Consumer Discretionary

    $PTVE
    Insider Trading

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

    See more
    • Large owner Packaging Finance Ltd returned 137,979,428 shares to the company, closing all direct ownership in the company (SEC Form 4)

      4 - Pactiv Evergreen Inc. (0001527508) (Issuer)

      4/1/25 8:07:43 PM ET
      $PTVE
      Containers/Packaging
      Consumer Discretionary
    • Director Hugli Allen returned $440,515 worth of shares to the company (41,659 units at $10.57), closing all direct ownership in the company (SEC Form 4)

      4 - Pactiv Evergreen Inc. (0001527508) (Issuer)

      4/1/25 3:39:09 PM ET
      $PTVE
      Containers/Packaging
      Consumer Discretionary
    • Pres., Food & Bev. Merch. Wulf Eric was granted 99,431 shares and returned 295,933 shares to the company, closing all direct ownership in the company (SEC Form 4)

      4 - Pactiv Evergreen Inc. (0001527508) (Issuer)

      4/1/25 12:18:36 PM ET
      $PTVE
      Containers/Packaging
      Consumer Discretionary

    $PTVE
    Financials

    Live finance-specific insights

    See more
    • Pactiv Evergreen Reports Third Quarter 2024 Financial Results

      Solid execution and cost disciplinePoised for next phase of Transformational Journey Third Quarter 2024 Financial Highlights: Net Revenues of $1,333 million for the third quarter of 2024 were down 3% compared to $1,379 million in the third quarter of 2023 and were approximately flat compared to $1,338 million in the second quarter of 2024.Net Loss from continuing operations of $213 million for the third quarter of 2024 compared to net income of $28 million in the third quarter of 2023 and net income of $20 million in the second quarter of 2024.Adjusted EBITDA1 of $214 million for the third quarter of 2024 compared to $227 million in the third quarter of 2023 and $183 million in the sec

      11/12/24 6:05:00 AM ET
      $PTVE
      Containers/Packaging
      Consumer Discretionary
    • Pactiv Evergreen Inc. Declares Quarterly Dividend

      LAKE FOREST, Ill., Nov. 12, 2024 (GLOBE NEWSWIRE) -- Pactiv Evergreen Inc. (NASDAQ:PTVE) today announced that its board of directors has approved the payment of a quarterly dividend of $0.10 per share of common stock. The dividend will be paid on December 13, 2024 to shareholders of record at the close of business on December 2, 2024. About Pactiv Evergreen Inc. Pactiv Evergreen Inc. (NASDAQ:PTVE) is a leading manufacturer and distributor of fresh foodservice and food merchandising products and fresh beverage cartons in North America. The Company produces a broad range of on-trend and feature-rich products that protect, package and display food and beverages for today's consumers. Its pro

      11/12/24 6:05:00 AM ET
      $PTVE
      Containers/Packaging
      Consumer Discretionary
    • Pactiv Evergreen Reports Second Quarter 2024 Financial Results

      Announced sale represents exit from paper mills furthering strategic transformationSecond quarter impacted by end-market weakness and temporary operational disruptions at Pine Bluff millRevising 2024 guidance Second Quarter 2024 Financial Highlights: Net Revenues of $1,338 million for the second quarter of 2024 were down 6% compared to $1,426 million in the second quarter of 2023 and up 7% compared to $1,252 million in the first quarter of 2024.Net Income of $20 million for the second quarter of 2024 compared to a net loss of $139 million in the second quarter of 2023 and net income of $10 million in the first quarter of 2024.Adjusted EBITDA1 of $183 million for the second quarter of 2024

      7/31/24 5:00:00 PM ET
      $PTVE
      Containers/Packaging
      Consumer Discretionary

    $PTVE
    Leadership Updates

    Live Leadership Updates

    See more
    • Pactiv Evergreen Inc. Schedules Second Quarter 2024 Financial Results

      LAKE FOREST, Ill., July 18, 2024 (GLOBE NEWSWIRE) -- Pactiv Evergreen (NASDAQ:PTVE) today announced the following details for its second quarter 2024 earnings release and teleconference call. Earnings Release:Wednesday, July 31, 2024, after market closeWebcast and Teleconference:Thursday, August 1, 2024, at 8:30 a.m. EDTPactiv Evergreen Participants:Michael King, President and Chief Executive Officer Jon Baksht, Chief Financial Officer Curt Worthington, VP, Strategy & Investor Relations   Participants may access the live webcast on the Company's Investor Relations website at https://investors.pactivevergreen.com/news-events/events-presentations. To join by phone, participants can regi

      7/18/24 5:19:33 PM ET
      $PTVE
      Containers/Packaging
      Consumer Discretionary
    • Pactiv Evergreen Inc. Schedules Fourth Quarter 2023 Financial Results

      LAKE FOREST, Ill., Feb. 15, 2024 (GLOBE NEWSWIRE) -- Pactiv Evergreen (NASDAQ:PTVE) today announced the following details for its fourth quarter 2023 earnings release and teleconference call. Earnings Release:Thursday, February 29, 2024, after market closeWebcast and Teleconference:Friday, March 1, 2024, at 8:30 a.m. EDTPactiv Evergreen Participants:Michael King, President and Chief Executive Officer Jon Baksht, Chief Financial Officer Curt Worthington, VP, Strategy and Investor Relations Participants may access the live webcast on the Company's Investor Relations website at https://investors.pactivevergreen.com/news-events/events-presentations. To join by phone, participants can register

      2/15/24 4:05:00 PM ET
      $PTVE
      Containers/Packaging
      Consumer Discretionary
    • Pactiv Evergreen Appoints Douglas Owenby as Chief Operations Officer

      LAKE FOREST, Ill., Aug. 30, 2021 (GLOBE NEWSWIRE) -- Pactiv Evergreen Inc. (NASDAQ:PTVE) announced today that Douglas "Doug" Owenby will join Pactiv Evergreen as Chief Operations Officer, effective September 13. Mr. Owenby will join the Pactiv Evergreen Executive Leadership Team, reporting to CEO Mike King. In this newly created, standalone role, Mr. Owenby will be responsible for all Pactiv Evergreen operating functions globally, assuming the operations leadership responsibilities that Mike Ragen, Pactiv Evergreen's Chief Financial Officer (CFO), accepted in 2018. Mr. Owenby joins Pactiv Evergreen from Graham Packaging where he has served as Chief Operations Officer since 2018. Prior to

      8/30/21 5:16:00 PM ET
      $PTVE
      Containers/Packaging
      Consumer Discretionary

    $PTVE
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • Pactiv Evergreen Inc. Announces Receipt of All Required Regulatory Approvals for Planned Acquisition by Novolex

      LAKE FOREST, Ill., March 28, 2025 (GLOBE NEWSWIRE) --  Pactiv Evergreen Inc. ("Pactiv Evergreen" or the "Company") (NASDAQ:PTVE) today announced that all required regulatory approvals have been received in connection with the Company's previously announced definitive agreement to be acquired by Novolex® for $18.00 per share in cash. As a result, the transaction is now expected to close on April 1, 2025, subject to satisfaction of other customary closing conditions. Upon the completion of the transaction, Pactiv Evergreen will become a privately held company, and its common stock will no longer be listed on Nasdaq. Goldman Sachs & Co. LLC and Lazard Frères & Co. LLC are acting as fina

      3/28/25 4:05:42 PM ET
      $PTVE
      Containers/Packaging
      Consumer Discretionary
    • Pactiv Evergreen Inc. Announces Expiration of Hart-Scott-Rodino Waiting Period for Planned Acquisition by Novolex

      LAKE FOREST, Ill., Jan. 21, 2025 (GLOBE NEWSWIRE) -- Pactiv Evergreen Inc. ("Pactiv Evergreen" or the "Company") (NASDAQ:PTVE) today announced the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 in connection with the Company's previously announced definitive agreement to be acquired by Novolex® for $18.00 per share in cash. The transaction is expected to close in the second quarter of 2025, subject to receipt of foreign antitrust approvals and satisfaction of other customary closing conditions. Upon the completion of the transaction, Pactiv Evergreen will become a privately held company, and its common stock will no longer be listed on Na

      1/21/25 9:00:00 AM ET
      $PTVE
      Containers/Packaging
      Consumer Discretionary
    • Pactiv Evergreen Earns FSC®-Recycled Certification for Molded Fiber Egg Packaging

      LAKE FOREST, Ill., Jan. 16, 2025 (GLOBE NEWSWIRE) -- Pactiv Evergreen's molded fiber egg cartons and filler flats have been certified by the Forest Stewardship Council® (FSC®) as being made from 100 percent recycled materials. This significant milestone reinforces the Company's purpose of Packaging a Better Future by protecting the planet's natural resources. This certification, under Pactiv Evergreen's FSC C125335 license, applies to all molded fiber egg cartons and filler flats produced at the Company's facilities in Macon, Georgia; City of Industry, California; Moorhead, Minnesota; and Chihuahua, Mexico. "The FSC label is a trusted mark for sustainable forestry," said Eric Wulf, Presi

      1/16/25 4:05:00 PM ET
      $PTVE
      Containers/Packaging
      Consumer Discretionary

    $PTVE
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • Amendment: SEC Form SC 13D/A filed by Pactiv Evergreen Inc.

      SC 13D/A - Pactiv Evergreen Inc. (0001527508) (Subject)

      12/9/24 10:47:22 AM ET
      $PTVE
      Containers/Packaging
      Consumer Discretionary
    • SEC Form SC 13D filed by Pactiv Evergreen Inc.

      SC 13D - Pactiv Evergreen Inc. (0001527508) (Subject)

      6/28/22 5:14:21 PM ET
      $PTVE
      Containers/Packaging
      Consumer Discretionary
    • SEC Form SC 13G/A filed by Pactiv Evergreen Inc. (Amendment)

      SC 13G/A - Pactiv Evergreen Inc. (0001527508) (Subject)

      2/11/22 2:36:00 PM ET
      $PTVE
      Containers/Packaging
      Consumer Discretionary