Amcor expands packaging business to the US with $5.25 billion Bemis deal

Amcor expands packaging business to the US with $5.25 billion Bemis deal

The all-stock deal for Bemis will give Amcor deeper access to the rigid-plastic packaging business in North America. Amcor will list on the NYSE after the combination. The deal is expected to close in the first quarter of 2019. Packaging company Amcor will absorb U.S. rival Bemis in a $5.25 billion all-stock deal, the Australian company announced Monday. “We will establish a listing on the New York Stock Exchange with a market capitalization of about…

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