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Ardagh, FTC reach basic agreement on divestitures required for Saint-Gobain deal

( March 6, 2014, 15:14 GMT | Official Statement) -- MLex Summary: Ardagh Group and the US Federal Trade Commission have reached an agreement on the basic terms of a consent decree in which Ardagh will sell six manufacturing plants, two other facilities and its US headquarters in exchange for FTC approval of the glass-container manufacturer's purchase of Verallia North America, according to a status report submitted by the parties to an administrative law judge. The target is the North American glass-container business of Euronext-listed French multinational company Saint-Gobain.UNITED STATES OF AMERICA...

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