Take over5 Feb 2015 12:24
The Board of Rexam notes the recent media speculation and confirms that it is in discussions with Ball Corporation ("Ball"), which may or may not lead to a formal offer being made for Rexam. The proposal values Rexam at 610 pence per each Rexam share based on a consideration of approximately two thirds in cash and one third in new Ball shares. Discussions on other matters are continuing and there can be no certainty any formal offer will be forthcoming, or as to the terms of any offer
Glad I held.....might sell now though as £6 a share is tempting!