
Berry Global to sell tapes business to Nautic Partners for $540 mln
Investing.com– Berry Global Group Inc (NYSE:BERY) said on Monday evening that it will sell its industrial tapes business to private equity firm Nautic Partners, as it shifts its focus towards consumer-end markets before its buyout by Switzerland’s Amcor (NYSE:AMCR). Berry said it will sell the tapes business to Nautic for about $540 million, and that it…