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Containers and Packaging

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  • Ireland's Ardagh in talks with U.S. on Verallia deal Tuesday, 17 Dec 2013 | 11:38 AM ET

    WASHINGTON, Dec 17- Irish packaging company Ardagh Group S.A. is in settlement talks aimed at saving a proposed $1.7 billion deal to buy the U.S. business of Saint-Gobain unit Verallia in time to meet a mid-January deadline.

  • As euro zone membership boosted Slovenia's exports and papered over its Communist past, he went into business and his investments prospered.

  • HONG KONG/ SYDNEY, Dec 9- Bankers in Australia have much to cheer this Christmas as fees from underwriting IPOs surge 10- fold this year, and many are now betting on an equally active year in 2014 as a slew of private equity exits keep the market busy.

  • HONG KONG/ SYDNEY, Dec 9- Bankers in Australia have much to cheer this Christmas as fees from underwriting IPOs surge 10- fold this year, and many are now betting on an equally active year in 2014 as a slew of private equity exits keep the market busy.

  • CARACAS, Nov 30- Venezuela's government said on Saturday it was temporarily occupying the local subsidiary of multinational packaging company Smurfit Kappa, accusing the company of using its dominant position in the market to inflate prices.

  • LONDON, Nov 28- Britain signalled it would force tobacco companies to scrap branded cigarette packaging on Thursday in an attempt to reduce the number of children who may be drawn to smoking by striking and brightly coloured packs.

  • NEW YORK, Nov 25- At least six major private equity groups are competing to buy the industrial packaging segment of Illinois Tool Works Inc, in a deal that could fetch more than $3 billion, according to people familiar with the matter.

  • FRANKFURT/ NEW YORK, Nov 15- U.S. packaging companies Berry Plastics Group Inc and Silgan Holding Inc as well as German peer Gerresheimer are competing to buy the healthcare packaging unit of Rexam in a deal expected to fetch a little less than $1 billion, people familiar with the matter said.

  • Container Store's hot IPO     Friday, 1 Nov 2013 | 12:11 PM ET

    CNBC's Bob Pisani and "Fast Money" trader Simon Baker discuss the Container Store as it surges on its first day of trading.

  • Container Store prices IPO at $18     Thursday, 31 Oct 2013 | 5:20 PM ET

    CNBC's Courtney Reagan reports high demand is expected for The Container Store once it goes public.

  • Crown said in a statement that it would buy Mivisa from investment funds managed by affiliates of The Blackstone Group LP, N +1 Mercapital and management. Mivisa has 10 manufacturing facilities, including six in Spain and one in Morocco, Crown said.

  • Oct 24- International Paper Co reported better-than-expected quarterly profit on Thursday, helped by strong sales of corrugated packaging for shipping boxes. John Faraci, the chief executive, said in an interview the global economy continued to improve, but at a pace below its potential.

  • Oct 24- International Paper Co said on Thursday its quarterly profit rose 61 percent, helped by strong sales of corrugated packaging for shipping boxes. For the third quarter, the company posted net income of $382 million, or 85 cents per share, compared with $237 million, or 54 cents per share, in the year-ago period. Revenue rose 5 percent to $7.41 billion.

  • Nils Andersen, CEO of A.P. Moller-Maersk, tells CNBC that the second quarter has been quite tough, both in terms of rates and volumes but they have increased their competitiveness.

  • Styrofoam Could Come Off NYC's Takeout Menu Thursday, 7 Feb 2013 | 11:32 AM ET

    Could Styrofoam containers get 86'd from the menu of takeout food options in the nation's biggest city?

  • We Are 'Slowly' Returning to Better Times: CEO     Wednesday, 23 Jan 2013 | 2:30 AM ET

    Nils Smedegaard Andersen, group CEO at A.P. Moller - Maersk, tells CNBC that they see a gradual stabilization in Europe with the poltical tendencies going in the right direction.

  • DS Smith CEO: We Are Growing Very Nicely     Thursday, 6 Dec 2012 | 2:00 AM ET

    Miles Roberts, CEO of packaging company, DS Smith, tells CNBC that the companies strong earnings are due to investment, innovation and acquisitions they have made.

  • Seaspan's Growth Strategy     Monday, 15 Oct 2012 | 7:40 PM ET

    Gerry Wang, CEO, Seaspan explains his company's business model to CNBC. He adds that the average lease on one of its ships is for 10-12 years.

  • Britain's Tetrapak Heir Arrested in Wife's Death Wednesday, 11 Jul 2012 | 11:31 AM ET
    Hans and Eva Rausing

    Hans Kristian Rausing, who inherited a fortune made from drink containers, is being held in a death called "unexplained."

  • Maersk Line Sees Revenue Rebounding in Q2     Wednesday, 16 May 2012 | 7:40 PM ET

    Tim Smith, North Asia CEO, Maersk Line says that revenue has rebounded in the current quarter and that there is an industry wide trend to reduce container capacity, which should help the sector.

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