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Stock Market & Financial Investment News

News Breaks
June 25, 2014
08:53 EDTBLLBall Corp. price target raised to $70 from $62 at RW Baird
Baird raised its price target on Ball Corp. to $70 from $62 based on stable end-market fundamentals and the potential for incremental M&A activity. The firm has an Outperform rating on Ball shares.
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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