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Amcor Announces Strategic Merger with Berry Global
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Amcor Announces Strategic Merger with Berry Global

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Amcor PLC Shs Chess Depository Interests ( (AU:AMC) ) has shared an update.

Amcor plc announced a proposed merger with Berry Global Group, Inc., which will be decided in a special meeting of Berry Global’s stockholders on February 25, 2025. The merger is expected to enhance Amcor’s market position, offering significant strategic benefits and operational synergies, which could have notable implications for stakeholders, including improved supply chain efficiencies and expanded product offerings.

More about Amcor PLC Shs Chess Depository Interests

Amcor is a global leader in responsible packaging solutions, operating in the food, beverage, pharmaceutical, medical, home, and personal-care industries. The company focuses on producing packaging that is recyclable, reusable, lighter, and incorporates recycled content. With 41,000 employees, Amcor generated $13.6 billion in sales in fiscal 2024 from 212 locations across 40 countries.

YTD Price Performance: 4.94%

Average Trading Volume: 2,267,670

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: A$23.23B

See more insights into AMC stock on TipRanks’ Stock Analysis page.

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