Berry Global Announces Spin-Off and Merger with Glatfelter
Berry Global Group, Inc. (NYSE: BERY) is set to spin off its Health, Hygiene and Specialties Global Nonwovens and Films business. The record date for this transaction is November 1, 2024, with completion expected on November 4, 2024. This merger with Glatfelter Corporation (NYSE: GLT) will involve a reverse stock split and a name change to Magnera Corporation.