Sherwin-Williams Co., NL Industries Inc. and ConAgra Grocery Products LLC were ordered by a judge to pay $1.1 billion to replace or contain lead paint in millions of homes after losing a public-nuisance lawsuit brought by 10 California cities and counties.
3M Co.’s retreat from a $550 million office-products purchase amid regulatory pressure will let it focus on an even bigger acquisition while forcing deal partner Avery Dennison Corp. to put the unit back on the block.
Reynolds Group Holdings Ltd., the packaging company owned by New Zealand billionaire Graeme Hart, agreed to acquire Graham Packaging Co. for $1.68 billion, beating Silgan Holdings Inc. for the plastic-container maker.
Avery Dennison Corp. closed at the highest price since July 2011 after reporting quarterly profit that beat analysts’ estimates and agreeing to a deal for its office products unit that 3M Co. scrapped a bid for in October.
Rank Group Ltd., the packaging company owned by New Zealand billionaire Graeme Hart , is the bidder that submitted an unsolicited $1.64 billion cash takeover offer for Graham Packaging Co. , according to a person with knowledge of the matter.
Campbell’s soup and Chef Boyardee pasta are banned from Lori Popkewitz Alper’s pantry in Bedford, Massachusetts, because the mother of three says her family may be harmed by the chemical that lines the metal containers.
Sealed Air Corp., the maker of Bubble Wrap, dropped the most in more than three years after posting second-quarter earnings that trailed analysts’ estimates and announcing plans to pursue “strategic options.”