Ball completed the sale of 41% of its 51% stake in United Arab Can Manufacturing to a subsidiary of Beijing-based ORG Technology for about $70 million, reducing its stake to 10%.

Middle East Company for Manufacturing and Producing Paper signed an SPA to acquire the entire shareholding of Al-Medan Project Company for Corrugated Carton for SAR 91 million in cash plus new Mepco shares, raising its stake to 100%.

SIG Combibloc Group has signed an agreement to acquire the 50% stake held by Obeikan Investment Group in SIG Combibloc Obeikan, giving it full ownership. The joint venture operates a manufacturing plant in Riyadh, Saudi Arabia, and completion is subject to antitrust approvals.