The cost of the transaction was USD297 million. The Russian Federal Antimonopoly Service has approved the transaction on condition that within the next 10 years Rexam will not increase cans prices more than 15% a year. Also Rexam undertook the construction of one more can manufacturing plant in Novosibirsk.
“Rexam” (UK) has bought “Rostar”, the largest Russian producer of beverage cans