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Ardagh Metal Packaging SA, the metal packaging arm of Ardagh Group SA, is expected to go public via a merger with a special purpose acquisition company (SPAC). We'll update this page as new information becomes available.
Metal packaging company Ardagh Metal Packaging SA is planning to go public through a merger with a special purpose acquisition company (SPAC), also known as a blank check company. SPACs are companies with no commercial operations that exist purely to raise capital through IPOs. Ardagh Metal is the metal packaging arm of Ardagh Group SA, which will retain 80% ownership after the merger.
The deal, which will reportedly value the combined company at $8.5 billion, is expected to close in the second quarter of 2021.
The SPAC, Gores Holding V Inc, originally went public in August 2020 and currently trades on the Nasdaq under the ticker symbol "GRSVU."
Once Ardagh Metal Packaging SA goes public, you'll need a brokerage account to invest. Consider opening a brokerage account today so you're ready as soon as the stock hits the market.
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