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Stock Market & Financial Investment News

News Breaks
March 18, 2013
05:55 EDTMWV, MWV, MWV, MWVMeadWestvaco management to meet with JPMorgan
Meetings to be held in New York on March 19-20 and in Boston on March 21 hosted by JPMorgan.
News For MWV From The Last 14 Days
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January 23, 2015
08:19 EDTMWVBofA/Merrill paper/forest products analyst hold analyst/industry conference call
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January 22, 2015
10:01 EDTMWVMeadWestvaco agrees to sell European tobacco folding carton business
MeadWestvaco announced it has signed a definitive agreement to sell its European-based tobacco folding carton business to AR Packaging Group AB, a maker of paperboard cartons, flexible packaging, and trays based in Lund, Sweden. The business has annual revenue of approximately $190M, which is included in MWVs Food & Beverage segment. Terms of the agreement were not disclosed, and the transaction is expected to be completed in the next several months. Also included in the sale is the tobacco and confectionery folding carton business currently served by MWVs plant in Svitavy, Czech Republic. The Svitavy plant will remain part of MWV beyond the transition period.

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