Crown Holdings, Inc. announced that it has entered into an agreement to acquire Signode Industrial Group Holdings (Bermuda) Ltd., a leading global provider of transit packaging systems and solutions, from The Carlyle Group, in a cash transaction valued at $3.91 billion subject to customary closing adjustments. The acquisition, which is subject to review by various competition authorities, is expected to close during the first quarter of 2018 and to significantly increase free cash flow. Debt financing has been fully committed in support of the transaction. With pro forma sales and adjusted EBITDA of $2.3 billion and $384 million, respectively, for the twelve months ended November 30, 2017, Signode is the world's leading supplier of transit packaging systems and solutions, which consist of strap, stretch and protective packaging consumables and the application equipment and tooling for each. Based in Glenview, Illinois, Signode's global footprint includes operations in 40 countries across 6 continents, with sales to customers in approximately 60 countries. Click Read More below for additional information.

WestRock Company announced that Steven C. Voorhees has decided to step down from his position as president and chief executive officer and a director of the Company for health reasons, effective March 15, 2021. In addition, the Company’s Board of Directors announced that, following a comprehensive search as part of the Company’s long-term succession processes, it has elected David B. Sewell to succeed Voorhees as WestRock’s president and chief executive officer at that time. Sewell has been appointed to the Board of Directors, effective as of when he assumes his new role, and Voorhees will be available to support a smooth transition. Sewell, age 52, brings with him more than 25 years of commercial, marketing, and general management experience. He joins WestRock from The Sherwin-Williams Company, a global leader in the manufacture, development, distribution and sale of paint, coatings and related products, where he most recently served as president and chief operating officer responsible for global operating segments that generated $18.4 billion in sales and are supported by 60,000 team members.

January–September 2020 (compared to 1–9/2019) •Sales were EUR 1,416.4 million (1,453.4). •Comparable operating result was EUR 156.7 million (145.3) or 11.1% (10.0%) of sales. Operating result was EUR 162.7 million (160.8). •Comparable earnings per share were EUR 0.33 (0.32), and earnings per share were EUR 0.34 (0.36). •Comparable return on capital employed was 11.8% ( 11.0%). •Net cash flow from operations was EUR 226.7 million (110.9). July–September 2020 (compared to 7–9/2019) • Sales were EUR 471.2 million (489.2). •Comparable operating result was EUR 62.5 million (42.5), or 13.3% (8.7%) of sales. Operating result was EUR 62.5 million (42.5). •Comparable earnings per share were EUR 0.13 (0.09), and earnings per share were EUR 0.13 (0.09). •Comparable return on capital employed was 14.3% (9.7%). •Net cash flow from operations was EUR 74.4 million (43.8).