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...Ardagh is facing objections from the Federal Trade Commission over its proposed $1.7bn takeover of French rival Saint-Gobain’s US subsidiary....
...The proposed acquisition would combine the second largest manufacturer of glass containers in the US, Saint-Gobain, with Ardagh, the third largest, according to the commission complaint....
...Last week, US regulators claimed a $1.7bn sale of St Gobain’s American glass container arm to Ardagh would leave three-quarters of the US market for beer and spirit bottles in just two hands....
...glass container business to Irish group Ardagh....
...Shares in Saint-Gobain rose 2.6 per cent to €32.55 on Monday....
...The Verallia deal will make it the number two glass container maker (for wine, food and beverages) in the US, behind Owens-Illinois....
...Last week Mr Coulson, who owns 36 per cent of the company, announced Ardagh’s third year of billion-dollar acquisitions in the past four years, agreeing a $1.7bn deal with Compagnie de Saint-Gobain to buy...
...Masterpieces of Chinese Painting: 700-1900, edited by Zhang Hongxing, V&A Publishing, RRP£40/$60 The world’s oldest painting tradition explored in the glorious catalogue to the V&A’s current, once-in-a-lifetime...
...Saint Gobain, the French glass maker, and Asahi, from Japan, hold 35 per cent and 20 per cent market shares, according to the association....
...www.woolleyandwallis.co.uk v Vase Ingeborg Lundin Founded in 1898 as a lowly window glass and bottle manufacturer, the Swedish company Orrefors went on to blaze a trail of artistic and technical innovation...
...He was originally due to take over from Jean Louis Beffa at the Saint-Gobain glass conglomerate, but fell out badly with the grand old man of French industry....
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