Mergers & Acquisitions ·
Ardagh Holdings S.A. has instructed advisers to prepare for a potential sale of Ardagh Metal Packaging S.A., its…
AMBP-WTArdagh Metal Packaging S.A.
Ardagh Holdings S.A. has instructed advisers to prepare for a potential sale of Ardagh Metal Packaging S.A., its controlling subsidiary. The process may involve acquiring non-held shares to facilitate a full divestiture to a third-party buyer. Evercore International Partners LLP serves as financial adviser and Kirkland & Ellis International LLP as lead legal adviser. No definitive timeline or deadline has been set, and consummation is not assured. If completed, the existing services agreement with Ardagh Group would likely terminate, incurring approximately $30 million in incremental annual standalone costs. Ardagh Metal Packaging operates in the metal beverage can manufacturing industry.