SGK Sale Illustrates Your Board’s Prudent Stewardship and Why James Mitarotonda and Barington’s Other Nominees Won’t Safeguard Your InvestmentPITTSBURGH, Jan. 22, 2025 (GLOBE NEWSWIRE) -- (NASDAQ GSM ...

Matthews International Corporation has issued a letter to shareholders highlighting its commitment to long-term value creation, especially following the strategic sale of its SGK Brand Solutions unit.

Key highlights from the letter include: Your Board has taken decisive actions to enhance long-term shareholder value – particularly the strategic sale of SGK Brand Solutions and the ongoing ...

International sent a letter to its shareholders that it says emphasized “the company’s commitment to long-term value ...

Matthews to sell SGK to a newly formed entity created by affiliates of SGS & Co Matthews to realize upfront consideration of $350 million and receive 40% interest in new entity Initial enterprise ...

Matthews will also retain its German roto-gravure packaging business and other related investments currently within the SGK Brand Solutions reporting segment. The new entity will have an ...

Matthews International sent a letter to its shareholders emphasizing the Company’s commitment to long-term value creation. Key highlights from ...

Sale of SGK Brand Solutions may indicate challenges in maintaining profitable business units, raising concerns about the company's growth trajectory. Matthews will no longer consolidate SGK within ...