MEDIA RELEASE PR41281
Crown Holdings, Inc. Completes Acquisition of Partner's Interest in Chinese
and Vietnamese Joint Ventures
PHILADELPHIA, Sept. 16 /PRNewswire-AsiaNet/ --
Crown Holdings, Inc. (NYSE: CCK) today announced that it has completed its
previously announced acquisition, from affiliates of Swire Pacific Limited,
their interests in the holding companies for Crown's Chinese and Vietnamese
joint ventures. The interests were acquired for an aggregate purchase price of
$150 million and the holding companies are now wholly-owned subsidiaries of
Crown.
Crown, through its subsidiaries, is a leading supplier of packaging
products to consumer marketing companies around the world. World headquarters
are located in Philadelphia, Pennsylvania.
For more information, contact:
Thomas A. Kelly, Senior Vice President - Finance,
(215) 698-5341, or
Ed Bisno, Bisno Communications,
(212) 717-7578
SOURCE: Crown Holdings, Inc.
CONTACT: Thomas A. Kelly
Senior Vice President - Finance
+1-215-698-5341, or
Ed Bisno of Bisno Communications
+1-212-717-7578
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