Ball to acquire Rexam in £5.4bn ($8.4bn) cash and stock deal.

Ball Corporation proposes to acquire Rexam PLC in a cash and stock deal valued at £5.4 billion ($8.4 billion), including net debt assumption. The acquisition aligns with Ball's Drive for 10 vision and leverages complementary product lines and company cultures, with achievable synergies of $300 million by 2018. The deal is expected to be highly accretive to earnings per share, generate significant free cash flow, and increase Economic Value Added (EVA).