BDK Advokati has advised Ball Corporation on internal corporate restructuring and divestment of assets that followed the £4.3bn-worth acquisition of Rexam, a UK based rival. Our team was led by the Senior Associate Marija Doci.
Background: The European Commission conditionally approved the merger of Ball Packaging and Rexam, subject to the obligation of the parties to divest 12 plants in the EEA. Ball Corp, Rexam and Ardagh Group S.A. subseqeuntly entered into an equity and asset purchase agreement under which certain beverage can assets, support locations and functions in Europe, Brazil and the United States were to be sold to Ardagh.
