Irish packaging company Ardagh Group S.A. is in settlement talks aimed at saving a proposed $1.7 billion deal to buy the U.
S. business of Saint-Gobain unit Verallia in time to meet a mid-January deadline. The Federal Trade Commission has filed a complaint against Ardagh, saying the deal for Verallia North America, a rival glass bottle manufacturer, is illegal.Read more here.Irish packaging company Ardagh Group S.A. is in settlement talks aimed at saving a proposed $1.7 billion deal to buy the U.S. business of Saint-Gobain unit Verallia in time to meet a mid-January deadline.
The Federal Trade Commission has filed a complaint against Ardagh, saying the deal for Verallia North America, a rival glass bottle manufacturer, is illegal.
Read more here.