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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Amcor PLC | ASX:AMC | Australian Stock Exchange | Ordinary Share |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.095 | -0.69% | 13.72 | 13.70 | 13.74 | 13.77 | 13.695 | 13.74 | 1,266,915 | 09:50:00 |
From Apr 2019 to Apr 2024
By Chris Wack
Amcor Plc (AMCR) said Tuesday it is selling three former Bemis plants located in the U.K. and Ireland to Kohlberg & Co. for cash consideration of $394 million.
The packaging company said the three plants generate collective annual sales of $170 million from the sale of flexible packaging for health-care products.
Amcor said the divestment was required by the European Commission as part of the company's acquisition of Bemis in February 2019. The sale is expected to close in the coming weeks.
Write to Chris Wack at chris.wack@wsj.com
(END) Dow Jones Newswires
June 25, 2019 06:23 ET (10:23 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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