[Australia/Nz] O-I Suitors In The Final Straight

Ardagh has emerged as one of the final contenders to purchase the Australian and NZ division of O-I, according to reports. Second-round bids are due around 16 December, in the Goldman Sachs-run contest to acquire the division, the situation is said to be fluid, with a third round added to the competition that will see final bids due in the new year. This article provides an analysis of the current situation.