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News Breaks
November 19, 2012
13:15 EDTBLLBall Aerospace selected by NASA for TEMPO air pollution mission
Ball Aerospace & Technologies is part of a team selected to build the first space-based instrument to monitor major air pollutants across the North American continent for NASA's Tropospheric Emissions: Monitoring of Pollution, or TEMPO, mission. Led by the Smithsonian Astrophysical Observatory, Cambridge, Mass., the TEMPO team will build a geostationary ultraviolet-visible spectrometer to continuously measure ozone, aerosols and other trace gases over greater North America.
News For BLL From The Last 14 Days
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October 5, 2015
08:59 EDTBLLCADE concludes 1st stage of investigation regarding Ball's acquisition of Rexam
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October 1, 2015
08:06 EDTBLLBall Corp.'s acquisition of Rexam receives Statement of Objections in Europe
Ball received a Statement of Objections from the European Commission in relation to its proposal to buy Rexam. Ball and Rexam PLC announced on February 19 the terms of a recommended cash and share offer by Ball UK Acquisition Ltd., a wholly-owned subsidiary of Ball, for the entire issued and to be issued share capital of Rexam. Ball stated that "the concerns raised in the SO allow the parties to develop the appropriate and adequate remedy package to bring about the successful clearance by the EU's competition authority of this proposed acquisition". It is expected that all necessary regulatory clearances will be obtained to enable the proposed acquisition to close during 1H16. Following closing of the transaction, Ball will remain a NYSE listed company domiciled in the U.S.
06:25 EDTBLLEU regulators express concerns over Ball-Rexam deal, WSJ reports
EU regulators have sent a list of concerns to Ball Corp. (BLL) over its proposed $6.6B takeover of Rexam (REXMY) as part of an investigation into whether the deal could lead to higher prices for beverage cans, the Wall Street Journal reports. The move will force Ball to come forward with concessions, such as asset sales, in order to allay the regulator's concerns, the report says. Reference Link
05:30 EDTBLLBall Corp. opens aluminum aerosol can plant in India
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September 28, 2015
08:59 EDTBLLBall Corp., Rexam antitrust process proceeding on track, says Baird
Baird said it believes the antitrust review for Ball Corporation's (BLL) acquisition of Rexam (REXMY) is on track for a close in the first half of next year, in-line with expectations. The firm, which sees $6-$7 per share in earnings power for the combined business, keeps its Outperform rating and $85 price target on Ball shares.
September 22, 2015
16:23 EDTBLLBall Corp.:Peterson to lead Global Metal Food and Household Products Packaging
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