Company News, Packaging News

Rexam Plc Acquires

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By: TOM BRANNA

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Rexam Plc completed the acquisition of the German glass manufacturer Lüner Glashüttenwerke GmbH on Feb. 18. The deal closed for a consideration of $52.1 million, comprising $5.6 million in cash payable for the shares and $46.5 million of estimated debt and financial liabilities assumed with the company, executives said.

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