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Subsequent Events
9 Months Ended
Sep. 30, 2015
Subsequent Events  
Subsequent Events

 

20.  Subsequent Events

 

A wholly-owned subsidiary of Ball owns interests in a joint venture company (Latapack-Ball) organized and operating in Brazil. On October 27, 2015, Ball and its joint venture partners announced that they have reached an agreement, pursuant to which Ball’s joint venture partners agreed to exchange all of their interests in Latapack-Ball for a total of 6 million treasury shares of Ball common stock. The actual value of the transaction will be determined based on the company’s stock price at the time of the close of the transaction.  This transaction is subject to certain regulatory approvals and other conditions.