Greif Completes Sale of Timberlands Business
1. Greif completed the $462M sale of its timberlands business. 2. This sale reinforces Greif's focus on high returns on capital. 3. Expect leverage ratio to drop below 1.2x, strengthening the balance sheet. 4. Cash proceeds from sales support fiscal 2026 interest savings. 5. Perella Weinberg advised on this significant transaction.