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EU regulators reportedly set to approve Rexam/Ball deal

Thu, 10th Dec 2015 11:00

(ShareCast News) - EU antitrust regulators are set to approve Ball Corp's bid for drinks can maker Rexam after it improved its concessions, according to reports.European competition regulators announced in July that they had opened an investigation into US-based Ball's bid for Rexam.The European Commission pointed to concerns that a deal could stifle competition in the continent's beverage can and aluminium bottle manufacturing industry.Ball had maintained this was a "standard step" for the European Commission and added that the transaction was also still being reviewed by other antitrust agencies, including the US Federal Trade Commission and the Conselho Administrativo de Defesa Econômica in Brazil.At 1110 GMT, after Reuters reported the deal was set to be approved, Rexam shares were up 1.5% to 592p.
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1 Aug 2014 10:28

TOP NEWS: IAG Profits Soar As Iberia Revamp Continues

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1 Aug 2014 09:15

London open: Miners, RBS drag UK stocks lower ahead of US data

- Miners, RBS drag markets lower - US labour-market data in focus - UK stocks follow sell-off on Wall Street techMARK 2,747.58 -0.63% FTSE 100 6,688.51 -0.62% FTSE 250 15,393.35 -0.66% Falling share prices in the mining sector and a cool reaction to quarterly results from Royal Bank of Scotland en

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1 Aug 2014 08:42

UPDATE: Rexam Says Strategy On Track As Half-Year In Line With Expectations

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1 Aug 2014 07:46

London pre-open: FTSE to track losses seen Stateside

London's blue chips are expected to extend yesterday's losses early on in Friday's session following a large sell-off in the States on Thursday evening. City sources predict the FTSE 100 will open around 12 points lower than yesterday's close of 6,730.11. US stocks slid after a worse-than-expecte

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1 Aug 2014 07:44

Rexam hit by FX and high metal prices in first half

Beverage can maker Rexam said it was on track after an in-line first half despite foreign exchange (FX) and high aluminium prices impacting results. Even though beverage can volumes improved by 4%, the company delivered sales of £1,881m in the six months to 30 June, down 5% on a reported basis over

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1 Aug 2014 06:53

Rexam Says Strategy On Track As Half-Year In Line With Expectations

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1 Aug 2014 06:34

MARKET COMMENT: UK Stocks Set To Extend Losses

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1 Aug 2014 06:26

Aluminium costs dent can maker Rexam's half-year profit

Aug 1 (Reuters) - Rexam Plc, the world's No. 2 drinks can maker by revenue, posted a 2 percent decline in underlying pretax profit for the first half of the year, hit by high aluminium premiums in Europe and a strong pound. Underlying pretax profit fell to 166 million pounds ($280 million)

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1 Aug 2014 05:21

UK Earnings, Trading Statements Calendar - Week Ahead

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31 Jul 2014 16:16

MARKET COMMENT: UK Stocks End Busy Day In The Red

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31 Jul 2014 15:45

UK Earnings, Trading Statements Calendar - Week Ahead

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31 Jul 2014 05:24

UK Earnings, Trading Statements Calendar - Week Ahead

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30 Jul 2014 15:27

UK Earnings, Trading Statements Calendar - Week Ahead

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30 Jul 2014 05:20

UK Earnings, Trading Statements Calendar - Week Ahead

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29 Jul 2014 15:04

UK Earnings, Trading Statements Calendar - Week Ahead

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