Industry News, Mergers and Acquisitions, Printers News

Ball Receives Second Request for Information from FTC

A standard part of the U.S. regulatory process

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By: DAVID SAVASTANO

Contributing Editor, Coatings World and Ink World

Ball Corporation announced it has received a Request for Additional Information, or a “second request,” from the U.S. Federal Trade Commission (FTC) under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 in connection with the FTC’s review of Ball’s recommended offer to acquire Rexam PLC. This second request from the FTC is a standard part of the United States’ regulatory process.

It is expected that necessary regulatory clearances will be obtained in the first half of 2016. Following closing of the transaction, Ball will remain a New York Stock Exchange listed company located in the U.S.

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