Tuesday September 29, 2020

Ardagh concludes $3.1m debt financing raise

The conclusion of Ardagh's $3.1 billion debt financing on Friday came less than 48 hours after final formal approval by the US Federal Trade Commission of the glass manufacturer's $1.7 billion acquisition of Verallia North America.

22nd June, 2014

The conclusion of Ardagh's $3.1 billion debt financing on Friday came less than 48 hours after final formal approval by the US Federal Trade Commission of the glass manufacturer's $1.7 billion acquisition of Verallia North America.

The approval came in the wake of Ardagh's promise to sell-off six of its nine US plants to settle the agency's allegations that the deal would stifle competition. If the deal had proceeded as proposed, the companies would have together controlled roughly...

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