Days before the announced launch of its initial public offering, foodservice packaging company Pactiv Evergreen (currently Reynolds Group Holdings Limited) announced in a regulatory filing that it might have potentially violated the Foreign Corrupt Practices Act (FCPA).
“In August 2020, we identified practices in our Evergreen Packaging Shanghai business (EPS), which is part of our beverage merchandising segment, that involve acts potentially in violation of the FCPA,” the company said.
