Ireland's Ardagh in talks with U.S. on Verallia deal

Date: 18 December 2013
Source: www.reuters.com

Date: 18 December 2013

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.

600450 Ireland's Ardagh in talks with U.S. on Verallia deal glassonweb.com

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