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(AMM) Ball Corp. to sell plastics unit to focus on metal packaging

June 16, 2010 - 23:11 GMT Location: New York

KEYWORDS: Ball , plastic packaging , Amcor

Ball Corp. has entered into an agreement to sell its plastic packaging, Americas, business to Amcor Ltd. for $280 million.

The Broomfield, Colo.-based company said the plastics unit employs 1,000 workers and had revenues of $635 million in 2009.

The sale is slated to include...

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