---
schema_version: "secwatch.filing_event.v1"
accession: "0000009389-24-000017"
form_type: "8-K"
ticker: "BALL"
cik: "0000009389"
company_name: "BALL Corp"
filed_at: "2024-02-16T23:59:59+00:00"
generated_at: "2026-06-06T00:36:53.943915+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Ball Corporation completes sale of aerospace business to BAE Systems for $5.6B

## Summary
- Sale price approximately $5.6B; after-tax cash proceeds about $4.5B.
- Proceeds: ~$2B to reduce net debt, ~$2B for share repurchases, remainder to strengthen balance sheet.
- CEO Dan Fisher says milestone in 144-year history; company now focused on aluminum packaging.
- Transaction closed February 16, 2024; previously announced under Stock Purchase Agreement.

## SEC filing metadata
- accession: 0000009389-24-000017
- form_type: 8-K
- ticker: BALL
- cik: 0000009389
- company_name: BALL Corp
- filed_at: 2024-02-16T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/9389/000000938924000017/0000009389-24-000017-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/9389/000000938924000017/ball-20240216x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000009389-24-000017
- JSON: https://secwatch.observer/filing/0000009389-24-000017.json
- Plain text: https://secwatch.observer/filing/0000009389-24-000017.txt

## Key facts
- M&A Transactions
  BALL Corp completed a disposition involving BAE Systems, Inc. for approximately $5.6 billion (closed 2024-02-16).
  - Action: disposition
  - Counterparty: BAE Systems, Inc.
  - Consideration: approximately $5.6 billion
  - Closing: 2024-02-16
  source text: of sustainable aluminum packaging for global beverage and household brands, today announced that the company completed the sale of its aerospace business for approximately $5.6 billion subject to customary closing adjustments. “Today marks a significant milestone in Ball’s 144-year history. We extend our best wishes for continued success to our former
  evidence_url: https://www.sec.gov/Archives/edgar/data/9389/000000938924000017/0000009389-24-000017-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.