AMC 1.74% $15.81 amcor limited

News: AMC Amcor wins conditional EU approval for $5.25 bln Bemis buy

  1. 69,528 Posts.
    lightbulb Created with Sketch. 484

    BRUSSELS, Feb 11 (Reuters) - Australian packaging company Amcor (AMC) secured EU antitrust approval on Monday for its $5.25 bln buy of Bemis BMS.N after agreeing to sell the U.S. company's medical packaging business in Europe to address competition concerns.

    Amcor, the world's biggest listed packaging company, announced the deal in August last year, which will add some new products to its portfolio and also boost its presence in the Americas.

    The European Commission voiced concerns about the combined company's strength in medical packaging, in which it would be three times larger than the second-ranked player. Amcor subsequently pledged to sell Bemis's business in this sector.

 
watchlist Created with Sketch. Add AMC (ASX) to my watchlist
(20min delay)
Last
$15.81
Change
0.270(1.74%)
Mkt cap ! $18.00B
Open High Low Value Volume
$15.69 $15.83 $15.66 $14.04M 920.6K

Buyers (Bids)

No. Vol. Price($)
1 180 $15.81
 

Sellers (Offers)

Price($) Vol. No.
$15.82 57 1
View Market Depth
Last update - 10.10am 24/04/2019 (20 minute delay) ?
(live)
Last
$15.83
  Change
0.270 ( 1.67 %)
Open High Low Volume
$15.66 $15.91 $15.66 41389
Last updated 10.29am 24/04/2019 (live) ?
AMC (ASX) Chart
GET SUPPORT arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.