silgan

 

Silgan announces results of tender offer

Silgan Holdings, a supplier of rigid packaging for shelf-stable food and other consumer goods products, has announced the final results of its ‘modified Dutch auction’ tender offer. Silgan has accepted for purchase 2,766,354 shares of its common stock at a price of $58.50 per share, for a total purchase price of approximately $161.8 million. Payment […]

Silgan acquires Van Can assets

Silgan Holdings announced yesterday (15 September) that it has acquired substantially all of the assets of Van Can Company, a manufacturer of metal containers in the United States. The business included two metal container manufacturing facilities and boasts sales of approximately $40m. Silgan will also assume certain specified limited liabilities.  

Silgan to supply cans to Nestlé

Can maker Silgan has acquired Nestlé Purina PetCare Company’s steel can making assets for its pet food products. As part of the deal, the US company has also entered into a long-term supply agreement with Nestlé Purina PetCare Company.

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Silgan loses out in bid to buy company

Can maker Silgan has lost out in its bid to buy Graham Packaging after New Zealand’s Reynolds Group bettered its offer. Earlier this month, Graham informed Silgan that it had “received an unsolicited proposal from a private non-investment grade company to acquire all of the shares of Graham Packaging for $25 per share in cash”.

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Silgan could lose out in bid to buy company

Can maker Silgan could lose out in its bid to buy Graham Packaging after an unnamed company bettered its offer. Yesterday (13 June), Graham informed Silgan that it had “received an unsolicited proposal from a private non-investment grade company to acquire all of the shares of Graham Packaging for $25 per share in cash”.