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BLL Bella Media

0.35
0.00 (0.00%)
21 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Bella Media LSE:BLL London Ordinary Share GB00B29VLD71 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.35 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

AB InBev: To Sell Four Metal Container Plants To Ball

01/07/2009 11:10am

Dow Jones News


Bella Media (LSE:BLL)
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Brewing giant Anheuser-Busch InBev (ABI.BT) Wednesday said it will sell three beverage can manufacturing plants and a metal lid plant to Ball Corporation (BLL) for $577 million in cash.

Ball will continue supplying metal cans to AB InBev under a long-term supply contract as part of the deal, AB InBev said.

The plants - located in Wisconsin, Ohio, Georgia and Florida - represent 40% of the capacity of the Metal Container Corporation, AB InBev's can-making subsidiary, which it acquired with its takeover of Anheuser-Busch last year.

The brewer, based in Leuven, Belgium, said it has no plans to sell the Metal Container Corporation's remaining seven plants.

-By Matthew Dalton, Dow Jones Newswires; +32 2 741 1487; matthew.dalton@dowjones.com

 
 

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