2:13 min
Management
Business merger announcement: Phillips Plastics Corporation to acquire 100% of the shares of Medisize Corporation
Medisize Corporation has announced today the decision of Phillips Plastics Corporation to acquire Medisize Corporation. Phillips Plastics Corporation is a global leader in design, engineering and manufacturing for the medical, consumer, defense and automotive industries. The ...
1:17 min
Management
Rexam agrees to sell Closures for $360m
Rexam PLC, the global consumer packaging company, announces that it has agreed to sell its beverage and speciality closures business (“Closures”) to Berry Plastics for $360m in cash, subject to certain asset adjustments. Completion is expected in Q3 2011 and is conditional on ...
4:14 min
Management
Graham Packaging Company to be acquired by Reynolds Group Holdings Limited
Graham Packaging Company Inc. (NYSE: GRM) today announced the signing of a definitive merger agreement, and an amendment thereto, under which Graham Packaging will be acquired by Reynolds Group Holdings Limited in an all-cash transaction for $25.50 per share, or a total of ...
1:23 min
Management
DAK Americas to acquire Wellman’s U.S. PET business
DAK Americas LLC (DAK) announced that they have agreed to acquire the PET business of Wellman, Inc. (“Wellman”). Total value of the acquisition is approximately U.S. $ 185 million including a cash payment and the assumption of certain liabilities. The transaction is expected to close ...
1:59 min
Management
Krones AG plans changes in its Supervisory and Executive Boards
At the AGM in Neutraubling on 15 June 2011, the agenda for the shareholders of Krones AG will include a vote on a revamped Supervisory Board. Standing for re-election are the present Supervisory Board Chairman Ernst Baumann (62), a former director of BMW AG, Norman Kronseder (48), ...
2:20 min
Management
Graham Packaging Company receives proposal that would constitute superior proposal for its acquisition by Reynolds Holdings Group Limited
Graham Packaging Company Inc. (NYSE: GRM) announced today that it has received a proposal for its acquisition by Reynolds Group Holdings Limited at a price of $25 per share in cash. Reynolds intends to fully finance the payment of the purchase price through fully negotiated financing ...
6:10 min
Management
Silgan advised that Graham Packaging Company receives unsolicited acquisition proposal
Silgan Holdings Inc. (Nasdaq: SLGN) announced today that Graham Packaging Company Inc. (NYSE: GRM) has informed Silgan that it has received an unsolicited proposal from a private non-investment grade company to acquire all of the shares of Graham Packaging for $25 per share in cash. ...
1:30 min
Management
Graham Packaging Company receives unsolicited acquisition proposal
Graham Packaging Company Inc. (NYSE: GRM) announced today that it has received an unsolicited proposal from a third party to acquire all of the shares of Graham Packaging for $25 per share in cash. The board of directors of Graham Packaging, upon the recommendation of its special ...
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