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Ball is now the largest manufacturer of beverage cans in the world.
July 1, 2016
By: DAVID SAVASTANO
Editor, Ink World Magazine
Ball Corporation announced the completion of its acquisition of Rexam PLC for approximately $6.1 billion of cash and equity, plus the assumption of approximately $2.4 billion of net debt, making Ball the largest manufacturer of beverage cans in the world. The company also completed the required sale of the divestment business to Ardagh Group, receiving cash proceeds of approximately $3.1 billion at closing. Ball’s combined global metal beverage business now operates 75 metal beverage manufa...
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