It sounds like Ball Corporation is about to announce a recommended £4.3 billion plus takeover offer for can maker Rexam.
Well today, at least, I had been hearing from top sources that a big transatlantic deal is set to be announced tomorrow morning. So, it didn't take long to work out it could be Ball making a formal offer for Rexam.
For readers that don't recall, Rexam said on February 5 that it had received a 610p a share approach from Ball. Here is a link: http://www.investegate.co.uk/rexam-plc--rex-/rns/statement-re--press-comment/201502051131091630E/
One deal to look out for tomorrow morning then...
Rexam declined to comment.
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