Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0.0131712259371833
Stock impact report

The maker of cans for White Claw strikes an $8.5 billion spinoff deal. [The New York Times]

Ardagh Group SA (ARD)  More Company Research Source: The New York Times
Last ardagh group sa earnings: 4/23 07:00 am Check Earnings Report
US:NYSE Investor Relations: ardaghgroup.com/corporate/investors
PDF The company that makes the aluminum cans used by LaCroix, White Claw and other beverage giants is spinning off that business in a deal that values the new company at $8.5 billion, according to several people with knowledge of the plan.The deal by Ardagh Group, which is based in Luxembourg,It is a bet on the continued growth of the can business, as companies increasingly weigh the environmental consequences of their products. Nestléannounced the salerecycle than plastic bottles.The Gores SPAC, named Gores Holdings V, is the seventh such deal the group has done.Ardagh will retain a roughly 80 percent stake in the company after the deal. InvestorsArdagh generates more half its roughly $7 billion in annual sales from making cans for beverage companies. This past year, sales by the unit grew 2 percent, fueled by beverage sales and environmental awareness, while earnings before interest tax depreciation and amortization grew 8 percent. Ardagh will keep its glass packaging business.For bever [Read more]
Impact snapshot Event time: ARD
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Performance comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last price
VWAP
High:
Max up
High:
Low:
Max down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Opt-in for
ARD alerts

from News Quantified
Opt-in for
ARD alerts

from News Quantified