Graeme Hart's Reynolds reviews ownership of Evergreen, Closures, SIG

Mon, 28 Jul 2014

By Paul McBeth July 29 (BusinessDesk) - New Zealand billionaire Graeme Hart's Reynolds Group is considering the sale of three units that make up more than a third of the global packaging empire's earnings. Reynolds is reviewing ownership of its Evergreen and Closures businesses and is also mulling whether to sell its SIG packaging unit after being approached, it said in a filing to the US Securities and Exchange Commission. Last month reports emerged that Reynolds was looking to sell its SIG unit, which makes carton packaging for drinks a...

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