The latest announcement is out from Amcor PLC Shs Chess Depository Interests ( (AU:AMC) ).
Amcor has announced a significant milestone in its planned merger with Berry Global, with shareholders from both companies overwhelmingly approving the combination. This merger aims to strengthen Amcor’s position in the packaging industry by leveraging synergies and collaborative efforts identified in more than 80 cross-workstream sessions. The integration planning is progressing well, with over 650 key actions identified to ensure a smooth transition and achieve the combined company’s aspirations.
More about Amcor PLC Shs Chess Depository Interests
Amcor is a global leader in developing and producing responsible packaging solutions across various materials for sectors such as food, beverage, pharmaceutical, medical, home, and personal care. The company focuses on creating packaging that is recyclable, reusable, lighter in weight, and made with recycled content. With 41,000 employees, Amcor generated $13.6 billion in annual sales in fiscal year 2024, operating from 212 locations in 40 countries.
YTD Price Performance: 7.78%
Average Trading Volume: 2,046,845
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: A$23.66B
Learn more about AMC stock on TipRanks’ Stock Analysis page.