-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, V8OfA8wdUPHIEdaPTrh0lsP/wlSEFjde8Q/EsXAafYGQj07fnkm0JpTFPlvxVf3Y lxuF/wyb7cbno/L5sCq8TQ== 0000009389-97-000002.txt : 19970120 0000009389-97-000002.hdr.sgml : 19970120 ACCESSION NUMBER: 0000009389-97-000002 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19970102 ITEM INFORMATION: Other events FILED AS OF DATE: 19970117 SROS: CSX SROS: NYSE SROS: PSE FILER: COMPANY DATA: COMPANY CONFORMED NAME: BALL CORP CENTRAL INDEX KEY: 0000009389 STANDARD INDUSTRIAL CLASSIFICATION: METAL CANS [3411] IRS NUMBER: 350160610 STATE OF INCORPORATION: IN FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-07349 FILM NUMBER: 97507392 BUSINESS ADDRESS: STREET 1: 345 S HIGH ST STREET 2: P O BOX 2407 CITY: MUNCIE STATE: IN ZIP: 47307 BUSINESS PHONE: 3177476100 MAIL ADDRESS: STREET 1: PO BOX 2407 CITY: MUNCIE STATE: IN ZIP: 47307-0407 FORMER COMPANY: FORMER CONFORMED NAME: BALL BROTHERS CO DATE OF NAME CHANGE: 19731115 8-K 1 CURRENT REPORT ON FORM 8-K SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported) January 2, 1997 BALL CORPORATION ----------------------------------------------------------- (Exact name of registrant as specified in its charter) Indiana ----------------------------------------------------------- (State or other jurisdiction of incorporation) 1-7349 35-0160610 -------------------------------- --------------------------------------- (Commission File Number) (IRS Employer Identification No.) 345 South High Street, Muncie, Indiana 47305-2326 ------------------------------------------------- (Address of principal executive office) (Zip Code) Registrant's telephone number, including area code: (317) 747-6100 Ball Corporation Current Report on Form 8-K Dated January 17, 1997 Item 5. Other Events. On January 3, 1997, Ball Corporation announced that its Hong Kong subsidiary, FTB Packaging Limited, had completed the purchase of Lam Soon (Hong Kong) Limited's controlling interest in M.C. Packaging (Hong Kong) Limited on January 2, 1997. FTB paid approximately $73 million for Lam Soon's direct and indirect economic interest of approximately 30 percent and controls directly and indirectly approximately 51.2 percent of the voting rights of M.C. Packaging, a Hong Kong-based manufacturer of packaging products. Ball, through FTB, has made an offer for the outstanding public shares of M.C. Packaging, also at HK$2.80 per share. If all public shares are tendered, FTB, for a total consideration of approximately US$190 million will own, directly or indirectly approximately 74 percent of the economic interest of M.C. Packaging and will control all of the voting rights. The offer is expected to be completed in February 1997. Item 7. Financial Statements and Exhibits The following is filed as an Exhibit to this Report. Exhibit Number 99 Description Ball Announces Purchase of Lam Soon's Interest in M.C. Packaging. Ball Corporation Current Report on Form 8-K Dated January 17, 1997 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. BALL CORPORATION (Registrant) Date: January 17, 1997 By: /s/ A. R. Schlesinger ----------------------------- A. R. Schlesinger Vice President and Controller Ball Corporation Current Report on Form 8-K Dated January 17, 1997 EXHIBIT INDEX Exhibit Description EX-99 Text of a press release disseminated by the registrant on January 3, 1997. EX-99 2 EXHIBIT-99 0THER DOCUMENTS TO SECURITY HOLDERS Ball Corporation Current Report on Form 8-K Dated January 17, 1997 Exhibit EX-99 Following is the text of a press release disseminated by the registrant on January 3, 1997: BALL COMPLETES PURCHASE OF CONTROLLING INTEREST OF M.C. PACKAGING LTD. MUNCIE, Ind., Jan. 3, 1997--Ball Corporation [NYSE: BLL] said today that its Hong Kong subsidiary, FTB Packaging Limited, had completed the previously announced purchase of Lam Soon (Hong Kong) Limited's controlling interest in M.C. Packaging (Hong Kong) Limited. FTB paid HK$2.80 per share, or approximately US$73 million, for Lam Soon's direct and indirect economic interest of approximately 30 percent and controls directly and indirectly approximately 51.2 percent of the voting rights of M.C. Packaging, a Hong Kong-based manufacturer of packaging products. Ball, through FTB, soon will make an offer for the outstanding public shares of M.C. Packaging, also at HK$2.80 per share. If all public shares are tendered, FTB, for a total consideration of approximately US$190 million, will own, directly and indirectly, approximately 74 percent of the economic interest of M.C. Packaging and will control all of the voting rights. The offer is expected to be completed in February. M.C. Packaging has 14 manufacturing operations, one in Hong Kong and 13 through affiliates in the People's Republic of China. It produces various forms of packaging, including aluminum beverage cans, steel food and beverage cans, and plastic bottles. M.C. Packaging has approximately 19 percent of the market for two-piece beverage cans in China, and 50 percent of both the beverage can and food can markets in Hong Kong. Sales in 1995 were US$195 million. Through its FTB subsidiary, Ball currently operates seven plants in China, primarily producing beverage cans and ends, with a 30-percent market share. Ball Corporation produces rigid metal and plastic packaging products for foods and beverages and provides aerospace and other technology products and services to government and commercial customers. * * * Note: This news release may contain forward-looking statements as encouraged by the Private Securities Litigation Reform Act of 1995. Forward-looking statements are necessarily projections which are subject to change upon the occurrence of certain events which may affect the business, many of which are set forth in the company's 8-K report filed with the Securities and Exchange Commission on July 16, 1996. 1/97 Media Contact: Scott McCarty, 317/747-6175, smccarty@ball.com Investor Contact: Doug Poling, 317/747-6465, dpoling@ball.com Ball Home Page: http://www.ball.com -----END PRIVACY-ENHANCED MESSAGE-----