Ball Corp. Sells 41% Stake in Saudi JV, Retains Strategic 10% Hold

Ball Corp. has completed the sale of 41% of its ownership interest in the Ball United Arab Can Manufacturing Company (UAC) in Saudi Arabia to a subsidiary of ORG Technology Co., Ltd. for approximately $70 million, subject to customary closing adjustments. This transaction marks a deepening of the relationship between Ball and ORG while allowing…

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