Brief: Silgan Acquires Unicep Packaging

Silgan Holdings

30/09/2021 23:15

Sept 30 (Reuters) - Silgan Holdings Inc  SLGN.O :
    * SILGAN ACQUIRES UNICEP PACKAGING
    * SILGAN HOLDINGS INC - ACQUISITION IS EXPECTED TO BE
SLIGHTLY
ACCRETIVE TO COMPANY'S EARNINGS IN 2021
    * SILGAN HOLDINGS INC - PURCHASE PRICE FOR ACQUISITION WAS
$237
MILLION
    * SILGAN HOLDINGS - EXPECTS TO REALIZE TAX BENEFITS HAVING
NET
PRESENT VALUE OF ABOUT $35 MILLION
    * SILGAN HOLDINGS INC - FUNDED PURCHASE PRICE FOR THIS
ACQUISITION
WITH REVOLVING LOAN BORROWINGS UNDER ITS SENIOR SECURED CREDIT
FACILITY.

Source text for Eikon:  ID:nBw5LDD3Xa 
Further company coverage:  SLGN.O