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Stock impact report

Amcor to Acquire Berry Global in $8.4 Billion Packaging Deal [Yahoo! Finance]

Amcor plc Ordinary Shares (AMCR) 
Last amcor plc ordinary shares earnings: 2/11 04:15 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Most Read from Bloomberg Paris to Replace Parking Spaces With Trees New York's Transit Agency Approves $9 Congestion Toll In Cleveland, a Forgotten Streetcar Bridge Gets a Long-Awaited Lift Amtrak Wins $300 Million to Fix Its Unreliable NJ-to-NYC Service A Bug's Eye View of Mexico City's Modernist Architecture Shareholders of Evansville, Indiana-based Berry will receive 7.25 Amcor shares for each Berry share in the all-stock transaction, according to a statement. At $73.59 per Berry share, the price represents a roughly 10% premium to Monday's close. Shareholders of Amcor, which is based in Zurich, will hold about 63% of the combined companies, which have revenue of $24 billion, according to the statement. The packaging industry has seen a run of deals in recent months, with notable combinations including International Paper Co.'s move to buy DS Smith Plc and Smurfit Kappa Group's agreement to acquire WestRock in a transaction that created Smurfit WestRock Plc. Amco Show less Read more
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