Original article by Simon Evans
The Australian Financial Review – Page: Online : 20-Nov-24
Amcor will maintain its primary listing on the NYSE and a secondary listing on the ASX following its proposed $13 billion all-scrip merger with rival packaging firm Berry Group. Amcor shareholders will own about 63 per cent of the merged company, which will boast 400 packaging plants worldwide, a global workforce of, 75,000 and revenues of $US24 billion. Amcor has forecast that the merger will generate synergies of about $US650m. Amcor shifted its primary listing to the US in 2019 following the acquisition of Bemis Company, and subsequently relocated its global headquarters to Zurich.
CORPORATES
AMCOR LIMITED – ASX AMC, BERRY GROUP, BEMIS COMPANY INCORPORATED