Wed, 01st Feb 2012 07:22
By Greg Roumeliotis March 1 (Reuters) - Ardagh Group, the packaging conglomerate controlled by Irish billionaire Paul Coulson, is preparing a binding offer for the assets being divested by drinks can makers Ball Corp and Rexam Plc, according to people familiar with the matter. Ardagh
Read more(ShareCast News) - Rexam was looking at a year of positive sales growth on Thursday, but fluctuations in currency and lower prices saw earnings head south in the 12 months to 31 December. The FTSE 100 beverage can manufacturer saw sales increase by 2% over the year, to £3.93bn (from £3.83bn). Its un
Read more(ShareCast News) - The European Commission has approved the acquisition of London-listed drinks can maker Rexam by US rival Ball Corp, subject to the divestment of 12 plants in Europe. The regulator said its investigation showed that the deal, as notified, would have cut competition in the already c
Read moreBRUSSELS, Jan 15 (Reuters) - The European Commission said on Friday that it had approved U.S. drinks can maker Ball Corp's planned 4.43 billion pound ($6.35 billion) purchase of Rexam Plc subject to the divestment of 12 plants. "The Commission's investigation showed that the transaction,
Read more* Ball initially offered to sell 11 European plants * Company has fine-tined package of concessions * World's two largest beverage can makers to merge (Adds Ball comments, Ball share price, updates Rexam share price) By Foo Yun Chee BRUSSELS, Dec 10 (Reuters) - U.S. drin
Read more(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
Read moreBRUSSELS, Dec 10 (Reuters) - EU antitrust regulators are set to approve Ball Corp's 4.43-billion-pounds ($6.7 billion) bid for Britain's Rexam Plc after the U.S. drinks can maker improved its concessions, two people familiar with the matter said on Thursday. Last month, Ball offered to sell
Read more(Adds details on Goldman Sachs and the sale process) By Foo Yun Chee and Greg Roumeliotis BRUSSELS/NEW YORK, Nov 25 (Reuters) - U.S. drinks can maker Ball Corp is ready to sell 11 European plants to get EU antitrust regulators to approve its 4.43 billion pound ($6.69 billion) acquisit
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