05:05 AM EDT, 06/26/2024 (MT Newswires) -- Berry Global Group ( BERY ) and Glatfelter ( GLT ) said Tuesday that they have completed the regulatory approvals required to complete their previously announced plan to merge Berry's HHNF business with Glatfelter ( GLT ).

The HHNF business includes a majority of Berry's health, hygiene, and specialties segment and the planned transaction has already cleared the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act, according to the statement.

Berry and Glatfelter ( GLT ) expect to close the transaction in the second half of the year, subject to Glatfelter ( GLT ) shareholders' approval and other customary conditions.

The companies said they aim for the business combination to create a publicly traded company in the specialty materials sector.