Ardagh Group to list metal packaging unit in new US$8.5bn merger deal

US – Ardagh Group, one of the world’s largest metal and glass packaging companies, has entered into an agreement to combine its metal packaging business with Gores Holdings V, creating a new public listed company with an enterprise value of US$8.5 billion. Gores Holdings V is  a special purpose acquisition company sponsored by global investment firm: The Gores Group. Under the deal, Gores Holding will merge Ardagh’s metal packaging division to create Ardagh Metal Packaging (AMP), which will then apply for a listing on the New York Stock Exchange. US$3.4Bn…

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