date:Aug 29, 2014
p's acquisition of the much larger glass company, Verallia North America, on condition that it sell Anchor. It used the money raised from the sale to pay off some of its debt.
Group revenue for the second quarter increased by 28 per cent to 1,287 million. When the effect of its acquisition of Verallia North America and the sale of Anchor is removed, group revenue is 1 per cent more than the same period in 2013.
These figures indicate that the company is moving in the right direction to refinan