SGK Sale Illustrates Your Board’s Prudent Stewardship and Why James Mitarotonda and Barington’s Other Nominees Won’t Safeguard Your InvestmentPITTSBURGH, Jan. 22, 2025 (GLOBE NEWSWIRE) -- (NASDAQ GSM ...
Matthews will also retain its German roto-gravure packaging business and other related investments currently within the SGK Brand Solutions reporting segment. The new entity will have an ...
The market cap has been updated. The valuation paid for SGK is almost 50% higher in multiple than what we expected, which was just a standard private market multiple for a less exciting business ...
Matthews to sell SGK to a newly formed entity created by affiliates of SGS & Co Matthews to realize upfront consideration of $350 million and receive 40% interest in new entity Initial enterprise ...
Matthews International (NASDAQ:MATW) on Wednesday announced a deal to sell its interest in SGK Brand Solutions for a total upfront consideration of $350 million. Shares of Matthews surged 15%.
International sent a letter to its shareholders that it says emphasized “the company’s commitment to long-term value ...
Matthews International sent a letter to its shareholders emphasizing the Company’s commitment to long-term value creation. Key highlights from ...
Gary R. Kohl, the current President of SGK, will lead the new entity as CEO, with Matthew T. Gresge, the current CEO of SGS, serving as Executive Chairman of the Board. 10 Stocks to Sell NOW!
Indeed, Barington has repeatedly proposed the sale of the Company's SGK segment, a poorly performing business that has resulted in a write down of more than $266.2 million under the Company's ...