Metals & Mining M&A » By The Online Investor Staff, updated Thu., Jul. 2, 12:16 PM
Recent mergers and acquisitions in the Metals & Mining M&A category.
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Slide #18. Crown Holdings, Inc. — Mivisa Envases, SAU
Acquirer:
Crown Holdings, Inc. (NYSE:CCK)
Acquiree:
Mivisa Envases, SAU
Details:
Crown Holdings, Inc. (NYSE: CCK), a global leader in consumer packaging, today announced that the European Commission has formally approved its acquisition of Mivisa Envases, SAU, a leading Spanish manufacturer of two- and three-piece food cans and ends. The Commission previously granted approval of the acquisition subject to certain conditions and commitments, which have now been satisfied.
Crown Holdings is engaged in the design, manufacture and sale of packaging products and equipment for consumer goods and industrial products. Co.'s packaging for consumer goods include steel and aluminum cans for food, beverage, household and other consumer products, glass bottles for beverage products, metal vacuum closures and steel crowns. Co.'s packaging for industrial products includes steel and plastic strap consumables and equipment, paper-based protective packaging, and plastic film consumables and equipment. Co.'s products include the SuperEnd® and 360 End™ beverage can ends, its Easylift™ aperture steel food can ends, and PeelSeam™ and PeelFit™ aluminum foil laminated ends.
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Avg. Broker Rec.
 
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Strong Buy (3.60 out of 4) 70th percentile
(ranked higher than approx. 70% of all stocks covered)
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