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Ball’s Offer for Rexam PLC Approved in Brazil

Ball is working to obtain the remaining regulatory clearances in Europe and the US.

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By: DAVID SAVASTANO

Contributing Editor, Coatings World and Ink World, Coatings World and Ink World Magazine

Ball Corporation confirmed that Conselho Administrativo de Defesa Econômica (CADE) has formally approved the buyer of the divested assets of its proposed acquisition of Rexam PLC, indicating that Ball may now proceed to close on the acquisition.
 
Ball is working to obtain the remaining regulatory clearances in Europe and the US soon, enabling the proposed acquisition of Rexam PLC to close. Following closing of the transaction, Ball will remain a New York Stock Exchange listed company domiciled in the US.

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