date:Apr 16, 2014
The Luxembourg-base manufacturer of glass and metal packaging, the Ardagh Group, is to sell six US productions sites to comply the terms of an agreement with the US mergers watchdog, the Federal Trade Commission (FTC).
Last week Ardagh completed its 1.3 billion purchase of rival packaging group Verallia North America (of Saint Gobain) based on the condition that it offload six manufacturing plants belonging to a Florida-based subsidiary, Anchor Glass, which bought in 2012 for 720 million.
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