Business news
Dawning of a new era
This morning I heard a song on the radio from The Specials – (Dawning of A) New Era and this was rather apt for the week we have had in the industry. We finally learnt the news that Ball has finally completed the acquisition of Rexam for the princely sum of $6.1 billion.
Ball completes acquisition of Rexam
Ball Corporation has 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.
Schuler completes takeover of AWEBA Werkzeugbau
Schuler has completed the takeover of German die construction specialist AWEBA.
Ball’s offer for Rexam approved in the US
Ball Corporation has confirmed that the Federal Trade Commission (FTC) has formally approved its proposed acquisition of Rexam, and thereby granted final regulatory clearance in the United States for Ball’s offer for Rexam.
A key note to the future – Crown in Asia
Having already secured the services of Kian Joo and Tata Steel to present as keynote speakers at Asia CanTech 2016, Bell Publishing has announced that the new president of Crown’s Asia Pacific division, Robert H. Bourque Jr., will also be presenting at the show.
Ball’s offer for Rexam gets European clearance
Ball Corporation has confirmed that the European Commission (EC) has formally approved its proposed acquisition of Rexam and thereby granted final regulatory clearance in Europe for Ball’s offer for Rexam.
Ball’s offer for Rexam approved in Brazil
Ball Corporation has confirmed that Conselho Administrativo de Defesa Econômica (CADE) has formally approved the buyer of the divested assets of its proposed acquisition of Rexam PLC.
Taking stock
It was a fun trip out to Chicago for IMDA last week. I think both Mark and I have rediscovered our love of golf having seen the impeccable condition of the course at the Hilton Oak Brook Hills resort.
Competition Commission recommends merger
SABMiller has been informed by Anheuser-Busch that the Competition Commission of South Africa has completed its investigation and recommended to the Competition Tribunal that Anheuser-Busch’s proposed combination with SABMiller be approved with conditions.
Miltec UV completes project
A partnership project carried out by Miltec UV and the University of Maryland has been completed.
Next stop Kuala Lumpur
It is now time for the team here at Bell Publishing to turn our attention to the next instalment of Asia CanTech, which is set to take place at the Hilton Hotel on 7-9 November 2016 in Kuala Lumpur, Malaysia.
Kian Joo to present at Asia CanTech
Following the success of this year’s Euro CanTech where keynote speakers included Ball Europe’s president Colin Gillis and Atit Bhatia, senior vice president at Hindustan Tin Works, expectations for Asia CanTech are high.
Crown publishes Q1 results
Crown Holdings has announced its financial results for the first quarter ended 31 March 2016.
Greetings from Denver
Living in Britain, I know what it is like to experience a touch of unpredictability when it comes to the weather. However, it’s nothing compared to what I have experienced in Denver over the past couple of days.