Sonoco - Nicely Accretive Weidenhammer Deal Could Push Shares To All-Time Highs
The Value Investor • Tue, Aug. 26
- Sonoco Products announces a nice acquisition of the Weidenhammer Packaging Group.
- The deal occurs at a cheaper multiple, adds to earnings as Sonoco will reap future benefits from anticipated synergies.
- This combined with a stellar dividend track record continues to leave appeal for long term investors.