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Amcor Secures Final Approval for Merger with Berry Global

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Amcor Secures Final Approval for Merger with Berry Global

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Amcor PLC Shs Chess Depository Interests ( (AU:AMC) ) has issued an announcement.

Amcor has reached the final regulatory milestone for its merger with Berry Global, receiving antitrust approval from the European Commission. This approval paves the way for the two companies to combine operations by April 30, positioning the new entity to better serve customers and achieve faster growth. The merger is expected to enhance Amcor’s market position and operational capabilities, benefiting stakeholders by enabling more effective product protection, brand differentiation, and supply chain improvements.

More about Amcor PLC Shs Chess Depository Interests

Amcor is a global leader in developing and producing responsible packaging solutions for various sectors including food, beverage, pharmaceutical, medical, home and personal-care. The company focuses on creating packaging that is recyclable, reusable, lighter in weight, and made with recycled content. With 41,000 employees, Amcor generated $13.6 billion in annual sales in fiscal year 2024, operating across 212 locations in 40 countries.

YTD Price Performance: 0.95%

Average Trading Volume: 3,801,798

Technical Sentiment Signal: Hold

Current Market Cap: A$21.51B

See more data about AMC stock on TipRanks’ Stock Analysis page.

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