10:34 AM EST, 12/03/2024 (MT Newswires) -- Apollo Global Management's ( APO ) Novolex is weighing a potential takeover offer for Pactiv Evergreen ( PTVE ) , Bloomberg reported Tuesday, citing people familiar with the matter.

Apollo and Pactiv Evergreen ( PTVE ) did not immediately reply to requests for comment from MT Newswires.

Shares of PTVE were surging over 10% while APO was edging 0.2% higher in recent trading.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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