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US Antitrust Clearance Received for Amcor, Bemis Transaction

Enables completion of merger on June 11, 2019.

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By: DAVID SAVASTANO

Contributing Editor, Coatings World and Ink World, Coatings World and Ink World Magazine

Amcor Limited and Bemis Company, Inc. announce that regulatory clearance has been received from the US Department of Justice in relation to the combination of the two companies. A condition of this approval is the previously announced sale of certain Amcor assets located in the US to Tekni-Plex, Inc.
 
All antitrust and other regulatory clearances have now been completed, and the final steps towards closing the transaction will now proceed. Bemis shares will cease trading on NYSE at close of trading June 10, 2019. Amcor plc shares will commence trading on the NYSE on June 11, 2019.

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