Amcor Announces Strategic Merger with Berry Global

Amcor PLC Shs Chess Depository Interests ( (AU:AMC) ) just unveiled an update.

Amcor plc has announced a merger with Berry Global Group, Inc., which is expected to become effective on April 30, 2025. As part of the merger terms, Berry Global’s common stockholders will receive 7.25 ordinary shares of Amcor for each share held. This strategic move is likely to enhance Amcor’s market position and expand its operational capabilities, potentially benefiting stakeholders through increased scale and resources.

More about Amcor PLC Shs Chess Depository Interests

Amcor is a global leader in developing and producing responsible packaging solutions across various materials for industries such as food, beverage, pharmaceutical, medical, home and personal-care. The company focuses on creating packaging that is recyclable, reusable, lighter weight, and made with recycled content, generating $13.6 billion in annual sales from 212 locations in 40 countries.

YTD Price Performance: 0.95%

Average Trading Volume: 3,842,010

Technical Sentiment Signal: Hold

Current Market Cap: A$21.6B

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