17th Sep 2007 09:01
Rexam PLC17 September 2007 17 September 2007 Further re acquisition of Rostar Rexam, the global consumer packaging company and the world's leading beveragecan maker, confirms that it has been informed that its application for clearanceof the proposed acquisition of Rostar, the Russian beverage can maker, announcedin early July 2007, has been rejected by the Russian Federal AntimonopolyService (FAS). Rexam is currently reviewing the consequences of this decision with its advisorsand plans to explore opportunities for further dialogue with the FAS about thismatter, including re-filing of the application. Rexam believes the acquisitionwould give the Company less than 15% of the Russian beverage container market. A further announcement will be made in due course. Enquiries RexamLeslie Van de Walle, Chief Executive +44 20 7227 4100Jonathan Thornton, Group Communications Director Financial DynamicsRichard Mountain +44 20 7269 7291 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
REX.L