BRIEF-Ball Corp offers $8.4 bln including assumption of debt for Rexam Plc

jueves 19 de febrero de 2015 03:52 GYT

Feb 19 (Reuters) - Ball Corp

* Reg-Ball corporation: offer for Rexam plc

* Announced terms of a recommended offer by ball to acquire all of outstanding shares of rexam in a cash and stock transaction

* $300 million of achievable synergies by 2018

* Highly accretive to EPS, generates significant free cash flow and increases eva

* Is expected that necessary clearances will be obtained in first half of 2016.

* Combined company will have pro forma 2014 revenue of approximately $15 billion and approximately 22,500 employees across five continents

* Following closing of transaction, Ball will remain a new york stock exchange listed company domiciled in U.S.

* Deutsche Bank AG, London branch and Goldman, Sachs & Co. Also represent ball as financial advisors   Continuación...