(Bloomberg) -- Rexam Plc, the world's biggest maker
of cans for the beverage industry, agreed to buy Russia's Rostar
for $297 million, extending its presence in emerging markets.
The purchase, which includes debt, will be completed in the
fourth quarter and boost profit next year, London-based Rexam
said today in a statement distributed by the Regulatory News
Service. Rostar is owned by En+ Group Ltd., the parent company
of United Co. Rusal, the world's biggest aluminum producer.
Read more at Bloomberg Emerging Markets News
of cans for the beverage industry, agreed to buy Russia's Rostar
for $297 million, extending its presence in emerging markets.
The purchase, which includes debt, will be completed in the
fourth quarter and boost profit next year, London-based Rexam
said today in a statement distributed by the Regulatory News
Service. Rostar is owned by En+ Group Ltd., the parent company
of United Co. Rusal, the world's biggest aluminum producer.
Read more at Bloomberg Emerging Markets News
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