Ardagh Agrees to Sell 42% Trivium Stake in Deal Valuing Company at $3.4B
Ardagh expects about $90 million in net cash proceeds. The sale is subject to approvals, with closing expected in mid-2027.
Ardagh Holdings S.A. agreed to sell its approximately 42% stake in Trivium Packaging, in a transaction that values Trivium at approximately $3.4B. The sale is expected to close in mid-2027, subject to approvals. Ardagh expects net cash proceeds of approximately $90M, which it plans to use for reinvestment or deleveraging.