{"schema_version":"secwatch.filing_event.v1","accession":"0000009389-23-000028","form_type":"8-K","ticker":"BALL","cik":"0000009389","company_name":"BALL Corp","filed_at":"2023-08-17T23:59:59+00:00","discovered_at":"2026-05-14T18:03:37.094143+00:00","generated_at":"2026-06-11T08:11:14.706035+00:00","sec_items":["7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.95,"calibrated_materiality_score":0.95,"confidence":"high","headline":"Ball Sells Aerospace Business to BAE Systems for $5.6B in Cash","bullets":["Price represents 19.6x Ball Aerospace's LTM comparable EBITDA as of June 30, 2023.","After-tax net proceeds of ~$4.5B to reduce net debt to ~3.0x pro forma 2023 EBITDA.","Transaction expected to close in first half of 2024, subject to regulatory approvals.","Ball to accelerate share repurchases and dividends; focuses on global aluminum packaging.","BAE Systems to invest further in Ball Aerospace; complementary cultural fit cited."],"urls":{"canonical":"https://secwatch.observer/filing/0000009389-23-000028","json":"https://secwatch.observer/filing/0000009389-23-000028.json","markdown":"https://secwatch.observer/filing/0000009389-23-000028.md","text":"https://secwatch.observer/filing/0000009389-23-000028.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/9389/000000938923000028/0000009389-23-000028-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/9389/000000938923000028/ball-20230817x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T08:11:14.706035+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}