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Rexam to buy German glass container firm
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Britain's Rexam Plc, the world's biggest maker of drinks cans, said on Monday it had reached an agreement with Interbrew to buy a German glass container maker for about 68 million pounds ($106 million).
The firm said the deal to buy Nienburger Glas GmbH, which is supported by a supply agreement with Interbrew, was subject to regulatory approval. Rexam will finance the acquisition through existing borrowing facilities.
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October 21st, 2002
Source: Forbes |
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