Silgan clears regulatory hurdle for $900m purchase of Albea unit

Silgan has received antitrust clearance in the US to continue with its purchase of the dispenser and ends business of French cosmetics packaging firm Albea. The Federal Trade Commission granted approval of the US$900 million deal, which the Connecticut-based canmaker expects will reap an annual $20m boost. Albea supplies packaging to haute couture cosmetics brands…

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