Friday, 29 June 2007

US clears Rexam deal for Owens-Illinois

(Reuters) - Rexam, the world's biggest drinks can maker, said earlier
this month it wanted to buy O-I Plastics.




The company hopes the purchase of O-I Plastics will help it
ride a boom in the plastic packaging market. The $4 billion
U.S. market is expanding 7 percent annually as an aging and
healthcare-conscious population uses more medicines.


Read more at Reuters.com Mergers News

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