Packaging manufacturer Amcor acquires US rival Bemis for $5.25bn

Amcor has struck a deal to acquire US company Bemis in a deal that will create global leader in consumer packaging with a US$13 billion. The $5.25 billion transaction, which was unanimously approved by the Board of Directors of both companies, will see Amcor and Bemis shareholders owning approximately 71% and 29% of the combined […]