Item 7.01 Regulation FD Disclosure.
On November 9, 2022, Sonoco Products Company issued a press release, announcing
that it had entered into a definitive agreement to purchase the remaining equity
interest in RTS Packaging, LLC, from joint venture partner WestRock Company
(“WestRock”) and one WestRock paper mill in Chattanooga, Tennessee
(collectively, the “Transaction”). The Transaction is expected to close in the
first half of 2023, subject to regulatory approvals and customary closing
conditions. A copy of the press release is furnished as Exhibit 99.1 hereto and
is incorporated herein by reference.
The information set forth in this Item 7.01 and in the attached Exhibit 99.1
shall not be deemed “filed” for purposes of Section 18 of the Securities
Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated by
reference in any filing under the Securities Act of 1933, as amended or the
Exchange Act, except as shall be expressly set forth by specific reference in
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits 99.1 Press Release, dated November 9, 2022, announcing the Transaction 104 Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101)
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