Tuesday, July 3, 2007

UPDATE 1-Rexam to buy Russian drinks can maker Rostar

(Reuters) - Rexam, the world's biggest maker of drinks cans, said on
Wednesday it was buying the business from En+ Group Limited, the
parent of Russian aluminium group Rusal.




The deal is expected to cover Rexam's cost of capital,
including synergies, and to be earnings-enhancing in 2008, Rexam
said it a statement.


Read more at Reuters.com Mergers News

No comments: