# Ardagh Metal Packaging to combine with Gores Holdings V and list on NYSE

Ardagh Group agreed to combine its metal packaging business, Ardagh Metal Packaging, with special purpose acquisition company Gores Holdings V, with the new company to list on the NYSE under AMBP. Ardagh will keep about 80% and receive up to $3.4 billion in cash.

- Type: Acquisition
- Announced: 2021-02-23
- Value: $3.40B
- Status: announced
- Products: beverage cans
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Ardagh Metal Packaging](https://endata.com/companies/7342.md)
- [Ardagh Group](https://endata.com/companies/2162.md) (investor)
- [Gores Holdings V](https://endata.com/companies/7650.md) (partner)

## Sources

- [ir.ardaghgroup.com](https://ir.ardaghgroup.com/news-events/press-releases/detail/74/ardagh-metal-packaging-to-combine-with-gores-holdings-v-and-list-on-nyse), 2021-02-23: "Ardagh will retain an approximately 80% stake in AMP and receive up to $3.4 billion in cash in the transactions."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.