Crown to receive $300m from Eviosys sale

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Following the finalised sale of Eviosys to Sonoco Products Company, Crown will receive net cash proceeds of approximately $300 million in return for its remaining equity stake of approximately 20%. “This completes the strategic divestiture of our European Tinplate business,” said Kevin Clothier, Crown’s Senior Vice President and Chief Financial Officer. “We are pleased that this transaction has closed in a timely manner, and…

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