Berry Global Said to Weigh Options for $2 Billion Nonwovens Unit

Berry Global Group Inc. is weighing options for its nonwoven fabrics business, including a possible sale that could fetch as much as $2 billion, people with knowledge of the matter said.

The US packaging company is speaking to potential advisers about its Nonwovens & Components unit and is considering both an outright divestment and bringing in a strategic partner, according to the people.