Brazilian billionaire family Moreira Salles is set to launch a public offer for French packaging company Verallia, proposing €30 per share. The family, which is the largest shareholder of the glassmaker, aims to acquire the remaining shares to increase its stake in the company, which has an enterprise value of €6.1 billion ($6.6 billion). This move is part of a strategy to help Verallia navigate rising trade tensions. The offer is expected to take place in April 2025. Following the announcement, shares of Verallia, which manufactures bottles for champagne and cognac, rose by 4% in early trading.