An update from Amcor PLC Shs Chess Depository Interests ( (AU:AMC) ) is now available.
Amcor plc has announced plans to combine with Berry Global Group, a move that will establish a global leader in flexible packaging, containers, and closures for consumer and healthcare customers. This strategic merger is aimed at enhancing innovation capabilities and expanding the company’s scale. Significant progress has been made in integration planning, with regulatory reviews advancing and a joint proxy statement filed. Shareholder votes from both companies are scheduled for February 25, 2025, to finalize the agreement. The combination is expected to be completed by mid-2025, subject to customary closing conditions.
More about Amcor PLC Shs Chess Depository Interests
Amcor is a global leader in developing and producing responsible packaging solutions across various materials for food, beverage, pharmaceutical, medical, home and personal-care, and other products. The company focuses on creating recyclable, reusable, and lightweight packaging, utilizing an increasing amount of recycled content. With operations in 212 locations across 40 countries, Amcor generated $13.6 billion in annual sales in fiscal year 2024.
YTD Price Performance: 7.35%
Average Trading Volume: 2,221,499
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: A$23.3B
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