Sonoco to sell temperature-assured packaging unit for as much as $725M

4 hours ago 1
 production of paper rolls for the printing industry - paper rolls in a factory

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Sonoco Products (NYSE:SON) said Monday it agreed to sell its ThermoSafe unit, a provider of temperature-assured packaging, to Arsenal Capital Partners for as much as $725M, comprised of $650M at closing and additional consideration of as much as $75M if certain performance measures in

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