Ball announces agreement to sell aerospace business for $5.6 billion

Price represents 19.6x ball aerospace's ltm comparable ebitda (as of june 30, 2023) net proceeds accelerate deleveraging, share repurchases and drive significant eva® accretion creates a focused, high-margin global aluminum packaging leader enables acceleration of low-carbon, best-value aluminum packaging initiatives to enhance organic growth across global packaging operations bae systems well-positioned to invest in ball aerospace in excess of our existing plan westminster, colo. , aug. 17, 2023 /prnewswire/ -- ball corporation (nyse: ball) the world's leading producer of circular aluminum packaging for global beverage and household brands, today announced that it has reached an agreement to sell its aerospace business to bae systems (lse: ba.
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