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UK: Rexam packaging sale gets EC approval

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The UK drink can manufacturer Rexam plc is to sell its beverage can plants at Runcorn in the UK and its factory in France to the German company Schmalbach-Lubeca under a deal approved yesterday by the European Commission. Brussels said it had no concerns about competition. The sales are a condition of last year's deal under which Rexam acquired American National Can. Sale of a third Rexam plant, at Gelsenkirchen in Germany, is under scrutiny by the Commission.


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