The acquisition will face regulatory hurdles but clearance is expected in the first half of 2016
February 19, 2015 at 09:57 AM
1 minute read
The original version of this story was published on Legalweek
Freshfields Bruckhaus Deringer and Skadden Arps Slate Meagher & Flom have grabbed the lead adviser roles on the world’s two largest drink can manufacturers’ £4.3bn takeover deal.
The two firms have also been joined by Slaughter and May and US antitrust boutique Axinn Veltrop & Harkrider as US-based Ball Corporation’s offer to acquire the entirety of UK rival Rexam’s share capital, valued at 610p a share, was approved by the boards of both companies today.
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