Ardagh has emerged as one of the final contenders to purchase the Australian and NZ division of O-I, reports The Australian.
_395_264_c1_c_t.jpg)
While second-round bids are due around December 16 in the Goldman Sachs-run contest to acquire the division, the situation is said to be fluid, with a third round added to the competition that will see final bids due in the new year.
Many are taking the fact that three rounds exist for the process as a signal that strong competition exists for O-I’s Australian and New Zealand operations.
20.12.2019, Ardagh Glass
News material on the Site is copyright and belongs to the Company or to its third party news provider, and all rights are reserved. Any User who accesses such material may do so only for its own personal use, and the use of such material is at the sole risk of the User. Redistribution or other commercial exploitation of such news material is expressly prohibited. Where such news material is provided by a third party, each User agrees to observe and be bound by the specific terms of use applying to such news material. We do not represent or endorse the accuracy or reliability of any of the info contained in any news or external websites referred to in the news.
Should the content or the design of these sites violate third parties rights or legal prescriptions, we kindly ask you to send us a respective message without invoice or cost. We guarantee that passages where the claim is considered as justified will be removed immediately, without any necessity to involve any lawyer into this issue. We will reject any claim caused by submission of a honorary note in this regard without any prior contact and confirmation of the issueby us and we reserve the right ssue counter claim ourselves because of violation of aforesaid conditions.