Matthews to sell interest in SGK Brand Solutions

Matthews to sell interest in SGK Brand Solutions to SGS-created entity
International and affiliates of SGS & Co have entered into a definitive agreement under which Matthews will sell its interest in SGK Brand Solutions to a newly formed entity created by affiliates of SGS,
Matthews International to sell SGK Brand Solutions
Matthews International Corp. will be selling one of its businesses, SGK Brand Solutions, to SGS& Co. for $350 million while retaining a 40% ownership interest.
Matthews International Shares Jump on Sale of Branding Agency
Shares of Matthews International rose after the company said it will sell its interest in SGK Brand Solutions, a packaging and branding agency, for $350 million. The stock was up 14%, to $30.92, on Wednesday. Shares, which have gained 42% over the last three months, are down 12% in the last 52 weeks.
Barington Capital Group Statement on Matthews International's Sale of SGK Brand Solutions
Barington Capital Group, L.P. ("Barington Capital") and certain of its affiliates (collectively "Barington" or "we"), a fundamental, value-oriented activist investor that beneficially owns approximately 1.
Matthews International to sell SGK Brand Solutions for $350M (update)
Matthews International sells SGK Brand Solutions for $350 million, plans to use proceeds for debt repayment and retains stake in new entity.
Matthews International Corporation: Matthews International to Sell SGK Brand Solutions
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 valu
Matthews International: The SGK Disposal Is Great News
The sale of SGK Brands Solutions is boosting Matthews International's stock price and reducing interest costs. Click here to ...
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