Subsequent Events (Notes)

1 Months Ended

Oct. 31, 2013

Subsequent Event [Line Items]

Subsequent Events [Text Block]

Subsequent Events

On October 30, 2013, the Company entered into an agreement to acquire Mivisa Envases, S.A.U. (“Mivisa”), a leading Spanish manufacturer of two- and three-piece food cans and ends, from certain investment funds managed by affiliates of The Blackstone Group L.P., N+1 Mercapital and management, in a cash transaction valued at €1.2 billion ($1.6 billion at September 30, 2013). The acquisition, which is subject to review by the European Commission and other competition authorities, is expected to close during 2014. Mivisa, based in Murcia, Spain, currently operates ten manufacturing facilities, including six in Spain and one in Morocco primarily serving the vegetable, fruit, fish and meat segments. For its fiscal year ended June 30, 2013, Mivisa had sales of approximately €555 ($731 at September 30, 2013).