Ball Corp.

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Debt Financing / Related, Earnings Announcements

Sonoco Products Co To Acquire Ball Metalpack

Published: 12/20/2021 11:53 GMT
Ball Corp. (BLL) - Sonoco Agrees to Acquire Ball Metalpack.
Sonoco Agrees to Acquire Ball Metalpack.
Sonoco Products Co - Deal for $1.35 Billion in Cash Before Taking Into Consideration Tax Benefits.
Sonoco Products Co - No Expected Changes in Operations Or Customer Relationships As a Result of Transaction.
Sonoco Products Co - Acquisition is Expected to Be Immediately Accretive to Earnings per Share in 2022.
Sonoco Products - Additional Accretion Expected in 2023 From Synergies, New Business Development.
Sonoco Products Co - Jim Peterson, CEO of Ball Metalpack to Continue to Lead Business Along With a Tenured Management Team.
Sonoco Products - in Connection With Deal, Co Has Obtained Commitment From Jpmorgan Chase Bank, for $1.0 Billion Senior Unsecured Bridge Loan Facility.
Revenue is expected to be $3.55 Billion
Adjusted EPS is expected to be $0.90

Next Quarter Revenue Guidance is expected to be $3.49 Billion
Next Quarter EPS Guidance is expected to be $0.85

More details on our Analysts Page.