(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.
- Forums
- ASX - By Stock
- AMC
- News: AMC UPDATE 1-Australia's Amcor in talks to buy U.S. packaging company Bemis - WSJ
News: AMC UPDATE 1-Australia's Amcor in talks to buy U.S. packaging company Bemis - WSJ
-
- There are more pages in this discussion • 20 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AMC (ASX) to my watchlist
(20min delay)
|
|||||
Last
$14.36 |
Change
-0.080(0.55%) |
Mkt cap ! $8.593B |
Open | High | Low | Value | Volume |
$14.38 | $14.42 | $14.34 | $13.98M | 972.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 16212 | $14.35 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$14.37 | 784 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 11370 | 14.350 |
1 | 30 | 14.340 |
1 | 2000 | 14.330 |
2 | 3609 | 14.300 |
2 | 1750 | 14.250 |
Price($) | Vol. | No. |
---|---|---|
14.470 | 700 | 1 |
14.490 | 2207 | 3 |
14.500 | 4905 | 4 |
14.590 | 1737 | 1 |
14.660 | 141 | 1 |
Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
Featured News
AMC (ASX) Chart |