November 19, 2024 16:47

Amcor and Berry Global, two of the world's leading producers of plastic packaging, have decided to merge in an all-stock transaction. According to the agreement announced today, Berry shareholders will receive 7.25 Amcor shares for each share they own upon closing. The transaction has received unanimous approval from the boards of directors of both Amcor and Berry and values Berry’s common stock at $73.59 per share.