Industry News, Mergers and Acquisitions, Printers News

Ball’s Offer for Rexam PLC Approved in the US

FTC has also formally approved Ardagh Group’s proposed acquisition of certain Rexam PLC assets in the US.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Ball Corporation confirmed that the Federal Trade Commission (FTC) has formally approved its proposed acquisition of Rexam PLC, and thereby granted final regulatory clearance in the US for Ball’s offer for Rexam PLC. The FTC has also formally approved Ardagh Group’s proposed acquisition of certain Rexam PLC assets in the US.   Upon closing the proposed offer for Rexam PLC, Ball will operate its 16 existing metal beverage packaging manufacturing plants in the US, Canada and Mexico; its Rocky Mo...

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