EU clears Ardagh's $2.2 bln buy of Dutch Impress

Date: 6 December 2010
Source: www.reuters.com

Date: 6 December 2010

Irish bottle and packaging maker Ardagh Glass Group secured EU regulatory approval on Tuesday for its 1.7 billion euro ($2.24 billion) takeover of Dutch metal packaging company Impress Cooperative.

Private equity firm Doughty Hanson & Co, which is selling Impress, has said it will return 688 million euros from the sale to investors in two of its funds.

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