Gores Holdings V Inc. (GRSV) to Combine with Ardagh Metal Packaging in $8.5Bn Deal

Gores V (NASDAQ:GRSV) has entered into a definitive agreement to combine with the metal packaging division of recyclable materials producer Ardagh Group at an enterprise value of $8.5 billion, or 12.1x its 2021E EBITDA. Ardagh Metal Packaging provides recycled aluminum to the consumer packaging market with 24 recycling centers on three continents. The combined entity
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