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Silgan Holdings Inc. acquires business for approximately $1.025 billion in cash.
April 10, 2017
By: DAVID SAVASTANO
Editor, Ink World Magazine
WestRock Company announced that it has completed the sale of its Home, Health and Beauty business to Silgan Holdings Inc. for approximately $1.025 billion in cash (subject to post-closing adjustments) plus the assumption of approximately $25 million in foreign pension liability. The company expects to use the proceeds from the sale of the business in connection with its previously announced purchase of Multi Packaging Solutions International Limited....
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