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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
02/03/201617:16:36Current Report Filing (8-k)
02/03/201617:00:00Crown Holdings, Inc. Reports Fourth Quarter 2015 Results
02/02/201613:13:07Current Report Filing (8-k)
01/29/201615:13:26Current Report Filing (8-k)
01/26/201608:23:13Amended Statement of Ownership (sc 13g/a)
01/13/201611:22:17Amended Statement of Ownership (sc 13g/a)
01/12/201616:29:43Statement of Changes in Beneficial Ownership (4)
01/12/201616:29:42Statement of Changes in Beneficial Ownership (4)
01/12/201616:22:43Statement of Changes in Beneficial Ownership (4)
01/12/201616:22:15Statement of Changes in Beneficial Ownership (4)
01/12/201616:22:15Statement of Changes in Beneficial Ownership (4)
01/11/201610:11:00Crown To Build New Specialty Beverage Can Plant In Tioga County...
01/05/201616:08:27Statement of Changes in Beneficial Ownership (4)
01/05/201616:08:27Statement of Changes in Beneficial Ownership (4)
01/05/201616:02:00Crown Holdings Schedules Fourth Quarter 2015 Earnings Conference...
01/05/201616:01:32Statement of Changes in Beneficial Ownership (4)
01/05/201616:01:32Statement of Changes in Beneficial Ownership (4)
01/05/201616:01:32Statement of Changes in Beneficial Ownership (4)
01/05/201615:31:43Current Report Filing (8-k)
12/28/201516:08:31Statement of Changes in Beneficial Ownership (4)

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