8th Jun 2007 08:00
Rexam PLC08 June 2007 8 June 2007 Rexam plc Statement regarding media speculation Further to speculation in the media this morning, the Board of Rexam, the globalconsumer packaging company and the world's leading beverage can maker, confirmsit is in discussions with Owens Illinois Inc. ("OI") which may, or may not, leadto the acquisition of OI's plastics division. An acquisition, if agreed, wouldonly occur on conditions which meet Rexam's investment returns criteria and islikely to be funded from a combination of its Glass disposal proceeds, debt andan element of equity. A further announcement will be made in due course if required. Enquiries: Financial DynamicsRichard Mountain/Andrew Lorenz 44 20 7269 7121 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
REX.L