Berry Global: Selloff Following Glatfelter Deal Creates Buying Opportunity

champpixs Introduction US packaging products maker Berry Global Group (NYSE:BERY) is the second largest position in my stock portfolio at the moment and February 7 was an eventful day for investors. Besides releasing its Q1 FY24 financial results, the company revealed that the spin-off and merger of the majority of its Health, Hygiene and Specialties segment in a transaction that values this business at $$2.6 billion. Under the deal, Berry Global will receive $$1 billion in cash and its global nonwovens a ...