(Reuters) - Rexam, the world's biggest can maker, said on Monday it would place 58.35 million new shares, or 9.99 percent of its existing share capital, to help pay for the deal. That would raise around 300 million pounds at Friday's closing price of 511-1/2 pence.
Rexam said the deal would to boost its position in plastic packaging, where the U.S. market is growing by around 7 percent a year, driven by growing demand for healthcare packaging as an ageing population uses more medicines.
Read more at Reuters.com Bonds News
Rexam said the deal would to boost its position in plastic packaging, where the U.S. market is growing by around 7 percent a year, driven by growing demand for healthcare packaging as an ageing population uses more medicines.
Read more at Reuters.com Bonds News
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