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Ardagh Group merges can business with Gores Holdings V

A new publicly traded company is born with a value of $ 8.5 billion

Ardagh Group entered into an agreement to merge its metal packaging manufacturing business with Gores Holdings V, thereby creating a new publicly traded company with a company value of $ 8.5 billion. Ardagh Group SA, a global manufacturer of metal and glass beverage packaging, will retain an 80% stake in Amp and receive up to $ 3.4 billion in cash. Financial company Gores Holdings V is sponsored by...

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EFA News - European Food Agency