Mubasher: Ball Corporation has finished acquiring Rexam in a deal worth $6.1 billion.
The company also completed the sale of the divestment business to Ardagh Group, receiving cash proceeds of approximately $3.1bn, according to an official press release.
The deal is expected to see Ball achieve 9% after-tax return on invested capital by the end of 2019.
Ball’s combined metal beverage business now operates 75 metal beverage manufacturing facilities worldwide.
