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Stock impact report

BALL to Boost Presence With Stake in Benepack's European Can Business [Yahoo! Finance]

Ball Corporation (BALL) 
Company Research Source: Yahoo! Finance
The move optimizes Ball Corp's European manufacturing network while reinforcing aluminum beverage cans as a sustainable, scalable packaging choice. Benepack is a regional aluminum beverage can manufacturer that operates its European businesses from two facilities in Belgium and Hungary. It serves both international and local customers across Western and Eastern Europe. BALL will acquire the majority of the stake for €184 million ($216.2 million) while Benepack will retain the remaining 20%. The purchase price is attractive considering the strategic fit and high-quality footprint of the business. The deal has already received the required regulatory clearances. It is set to be closed in the first quarter of 2026, subject to closing conditions. Ball Corp reported third-quarter 2025 adjusted earnings per share of $1.02, which came in line with the Zacks Consensus Estimate. The bottom line improved 12% year over year. The upside was driven by higher volumes across all segments. Show less Read more
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