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Ball completes sales of packaging business to Amcor
Ball Corporation has completed the sale of its plastic packaging, Americas, business to Amcor Limited for approximately $280m.
The sale includes five US plants that manufacture polyethylene terephthalate (PET) bottles and preforms and polypropylene bottles, as well as associated customer contracts and other related assets.
Ball’s plastics business employed approximately 1,000 people and had sales of $635m in 2009.
Source: Ball Corporation
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