Berry Global (BERY) Gets Regulatory Clearance for HHNF Spin-Off

Berry Global Group, Inc. (BERY) recently announced that it has achieved an important regulatory milestone regarding the proposed tax-free spin-off and merger of the majority of its Health, Hygiene and Specialties segment with Glatfelter Corporation (GLT) . The majority of Berry Global's Health, Hygiene and Specialties segment comprises the Global Nonwovens and Films business ("HHNF"), which will be merged with Glatfelter to form a new entity known as NewCo. Based in Charlotte, NC, Glatfelter is engaged in m ...