Ardagh Group acquires Consol Holdings Proprietary for US$635m

SOUTH AFRICA – Ardagh Group S.A. has announced the acquisition of Consol Holdings Proprietary Limited, the leading producer of glass packaging on the African continent, for an equity value of ZAR10.1 billion (US$635 million). Completion of the acquisition is subject to certain conditions, including regulatory approvals that are expected to be obtained in the second quarter of 2022. “We are…

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