Industry News, Mergers and Acquisitions, Printers News

Amcor Limited, Bemis Company Combine in $6.8 Billion All-Stock Transaction

Combined revenues are US$13 billion; Amcor shareholders to own 71%; Bemis shareholders to own 29% of combined company.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Amcor Limited and Bemis Company, Inc. announced that their respective Boards of Directors have unanimously approved a definitive agreement under which Amcor will acquire Bemis in an all-stock combination. Combining these two complementary companies will create the global leader in consumer packaging.   The transaction will be effected at a fixed exchange ratio of 5.1 Amcor shares for each Bemis share, resulting in Amcor and Bemis shareholders owning approximately 71% and 29% of the combined co...

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