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EU: Regulators to decide by July 20 on Ball’s $6.9 billion Rexam bid

 |  June 16, 2015

European Union market competition regulators are set to decide by July 20 whether to approve the 4.4 billion-pound merger deal between Ball Corp and Rexam Plc, the world’s two largest makers of drinks cans.

The companies sought approval for the deal on Tuesday, according to a filing on the European Commission website.

The European Commission can clear the merger unconditionally in the preliminary review or extend the deadline to consider concessions offered to allay competition concerns. It can also open a full-scale investigation to examine deeper worries.

Full content: Reuters

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