(Adds statement from Amcor. Updates stock price)
Aug 4 (Reuters) - Australian packaging company Amcor Ltd (AMC) is in advanced talks to buy U.S. rival Bemis Co BMS.N the Wall Street Journal reported http//www.wsj.com/articles/australia-listed-amcor-is-in-advanced-talks-to-buy-bemis-1533308540?mod=pls_whats_news_us_business_f on Friday, citing people familiar with the matter.
Shares of Bemis, which has a market value of about $4.20 billion, closed up 11.27 percent at $51.53 on Friday.
A deal could be announced as soon as next week, according to the report.
When asked by Reuters about the possible acquisition on Saturday, a spokesman for Amcor declined to comment.
Bemis was not immediately available for comment.
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News: AMC UPDATE 1-Australia's Amcor in talks to buy U.S. packaging company Bemis - WSJ
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Last
$14.51 |
Change
-0.065(0.45%) |
Mkt cap ! $9.300B |
Open | High | Low | Value | Volume |
$14.55 | $14.58 | $14.47 | $12.95M | 892.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
19 | 12161 | $14.50 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$14.51 | 3644 | 11 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
17 | 14119 | 14.500 |
18 | 15976 | 14.490 |
15 | 14437 | 14.480 |
15 | 15741 | 14.470 |
9 | 11085 | 14.460 |
Price($) | Vol. | No. |
---|---|---|
14.510 | 2146 | 8 |
14.520 | 13184 | 16 |
14.530 | 13269 | 12 |
14.540 | 19769 | 9 |
14.550 | 12861 | 10 |
Last trade - 11.41am 22/07/2025 (20 minute delay) ? |
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