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Sold the business for approximately $5.6 billion to BAE Systems, Inc.
February 19, 2024
By: DAVID SAVASTANO
Editor, Ink World Magazine
Ball Corporation announced that the company completed the sale of its aerospace business for approximately $5.6 billion subject to customary closing adjustments. “Today marks a significant milestone in Ball’s 144-year history,” said Daniel W. Fisher, chairman and CEO. “We extend our best wishes for continued success to our former colleagues and their new BAE Systems, Inc. teammates. “Ball will utilize the approximately $4.5 billion of after-tax cash proceeds to reduce lev...
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