Amcor announces intention to demerge its Australasia and Packaging Distribution (AAPD) business. Amcor directors are of the view that the demerger will enhance shareholder value by enabling each company to better pursue their own growth agendas and strategic priorities. “To be a successful market leader, that delivers continuous improvement in customer value, a company must be focused in terms of product portfolio and end markets,” Amcor CEO and managing director Ken MacKenzie, said. “Althoug...