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Swire Pacific Agrees To Sell Crown Can Stakes For US$150 Million

HONG KONG -(Dow Jones)- Blue-chip conglomerate Swire Pacific Ltd. (0019.HK) said Tuesday it agreed to sell its holdings in two beverage-can joint ventures to its partner in the ventures, Crown Holdings Inc. (CCK), for a total of US$150 million. Swire said in a statement it will use the proceeds from the sale as general working capital. One of the ventures, Crown Beverage Cans Hong Kong Ltd., manufactures aluminium beverage cans in China and Vietnam. The other venture, Crown Swire Investment Co. -By Yvonne Lee, Dow Jones Newswires; 852-2802-7002; yvonne.lee@dowjones.com

Stock News for Crown (CCK)
DateTimeHeadline
05/12/201510:36:22Statement of Changes in Beneficial Ownership (4)
05/08/201516:40:11Amended Statement of Ownership (sc 13g/a)
05/06/201515:43:34Quarterly Report (10-q)
04/30/201517:58:10Current Report Filing (8-k)
04/29/201511:15:26Statement of Changes in Beneficial Ownership (4)
04/29/201510:57:36Statement of Changes in Beneficial Ownership (4)
04/29/201510:57:36Statement of Changes in Beneficial Ownership (4)
04/29/201510:57:36Statement of Changes in Beneficial Ownership (4)
04/29/201510:57:36Statement of Changes in Beneficial Ownership (4)
04/29/201510:50:50Statement of Changes in Beneficial Ownership (4)
04/29/201510:50:50Statement of Changes in Beneficial Ownership (4)
04/29/201510:50:50Statement of Changes in Beneficial Ownership (4)
04/29/201510:50:50Statement of Changes in Beneficial Ownership (4)
04/29/201510:50:29Statement of Changes in Beneficial Ownership (4)
04/28/201511:42:00Crown Holdings Announces Pricing of Senior Notes
04/27/201515:58:36Current Report Filing (8-k)
04/27/201506:32:13Current Report Filing (8-k)
04/21/201504:10:48Crown Holdings Stock Rating Upgraded by Bank of America (CCK)
04/20/201513:31:13Crown Holdings Price Target Raised to $63.00 at Jefferies Group...
04/20/201507:41:21Crown Holdings Given New $60.00 Price Target at Robert W. Baird...

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