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Ball, Rexam to sell $3.42B worth of assets to Luxembourg's Ardagh

Apr. 25, 2016 2:24 AM ETBall Corporation (BALL) StockREXMYBy: Yigal Grayeff, SA News Editor
  • Beverage-can maker Ball (BLL) and U.K. peer Rexam (OTCPK:REXFF) have agreed to sell a number of assets to Luxembourg-based Ardagh Group for $3.42B in order to meet competition requirements ahead of their $6.6B merger.
  • Ardagh will buy drink-can assets, support locations and functions in Europe, Brazil and the U.S. (PR)
  • Previously

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