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Amcor Announces Merger Agreement with Berry Global

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Amcor Announces Merger Agreement with Berry Global

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The latest update is out from Amcor PLC Shs Chess Depository Interests ( (AU:AMC) ).

Amcor plc has announced a merger agreement with Berry Global Group, Inc., requiring shareholder and CDI holder approval at the upcoming Extraordinary General Meeting. If successful, the merger will offer Berry stockholders 7.25 Amcor Ordinary Shares for each share of Berry Common Stock, maintaining the same number of Amcor CDIs for current holders, and is recommended for approval by the Amcor Board.

More about Amcor PLC Shs Chess Depository Interests

Amcor is a global leader in developing and producing responsible packaging solutions for various sectors, including food, beverage, pharmaceutical, medical, home, and personal care. The company focuses on innovative and sustainable packaging solutions, such as recyclable and reusable products, and operates in 40 countries with 212 locations, generating $13.6 billion in annual sales.

YTD Price Performance: 6.15%

Average Trading Volume: 2,377,023

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: A$22.99B

See more data about AMC stock on TipRanks’ Stock Analysis page.

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