As previously announced, on September 1, 2023, Tredegar Corporation entered into a definitive agreement to sell its flexible packaging films business to Oben Group. Completion of the sale is.
Industrial manufacturer Tredegar Corp. (TG) announced Thursday that, as part of the Brazilian merger review process regarding the sale of Terphane to Oben Group, the General Superintendence of the Administrative Council for Economic Defense (SG-CADE) issued a non-binding opinion recommending the rejection of the transaction.