Reynolds Wrap Maker Targets $7 Billion IPO Valuation

Reynolds Wrap Maker Targets $7 Billion IPO Valuation 3(Bloomberg) — Reynolds Consumer Products Inc. the maker of Reynolds Wrap aluminum foil and Hefty trash bags, intends to seek a valuation of $7 billion in its own U.S. first public offering, according to people with knowledge of the matter. The Business hired Credit Suisse Group AG, JPMorgan Chase & Co. and Goldman Sachs Group Inc. for the talk…
News story posted on 2019-10-22T20:11:00.0000000Z