Illinois Tool Works (ITW) is considering its strategic options for its Industrial Packaging...


Illinois Tool Works (ITW) is considering its strategic options for its Industrial Packaging segment, including selling or spinning it off. The division, which had 2012 revenues of $2.4B, manufactures steel, plastic, and paper products used for bundling, shipping, and protecting transported goods. ITW has retained JPMorgan and Goldman Sachs as its financial advisers. (PR)

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