Tredegar Completes the Sale of Ownership Interest in kaléo

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Dec 28, 2021

Tredegar Corporation (NYSE:TG, also “Tredegar”) today reported that it has completed the sale of its approximate 18% ownership interest in kaleo, Inc (“kaléo”) pursuant to an agreement dated November 28, 2021, whereby Marathon Asset Management provided kaléo shareholders a full liquidity event opportunity (the “Transaction”).