Canmaker Silgan’s $1.4 billion bid in April to buy Graham Packaging Co could be scuppered by a better offer from an un-named company.

Yesterday, Silgan said that it had been told by Graham that it had received “an unsolicited proposal from a private non-investment grade company to acquire all of the shares of Graham Packaging for $25 per share in cash”.

To continue reading,
please login or subscribe to The Canmaker

Previous articleLeading expert to promote wine in cans
Next articleEmpac stresses role of communication