Ardagh in $1bn Africa expansion

Completion of the acquisition is reliant on regulatory approvals

Ardagh chairman Paul Coulson. The Irish-founded glass and metal packaging group Ardagh has agreed to buy South African company Consol Holdings.

Irish-founded glass and metal packaging group Ardagh has agreed to buy South African company Consol Holdings in a deal worth $1bn (€890m).

The move marks North American and European-focused Ardagh's expansion into Africa.