Greif to sell consumer packaging group for $85 mln

Greif inc. enters into definitive agreement to sell consumer packaging group for $85 million.greif inc - expects to use proceeds for debt repayment.greif inc - expects no material impact to its fiscal 2020 outlook or fiscal 2022 financial commitments from this divestiture.greif inc - reaffirms its expectation of at least $70 million synergies over 36 months from closing of caraustar acquisition.
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