Ball's acquisition of Rexam is likely to create value for shareholders.
Six months after Ball absorbed the bulk of Rexam's assets, it continues to generally progress in line with our expectations. Over the past few months, management has started to streamline the combined business. With Rexam's Millibank headquarters closed and the team evaluating several additional closures to maximize operating rates, we've left our outlook largely unchanged for the business. We expect Ball to realize roughly $220 million in synergies by 2019, predominantly by reducing selling, ge...Ball supplies metal packaging to the beverage, personal care and household products industries. The company provides aerospace and other technologies and services. The company's main product line is aluminum beverage containers. The company also produces aerosol containers, extruded aluminum aerosol containers and aluminum slugs. The company's segments are: beverage packaging, North and Central America, beverage packaging, South America, and beverage packaging, Europe, all of which are engaged in manufacturing and selling aluminum beverage containers; and aerospace, which manufactures and sells aerospace and other related products and provides services used in the defense, civil space and commercial space industries.
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Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
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