|Bid||15.37 x 0|
|Ask||14.13 x 0|
|Day's Range||15.24 - 15.48|
|52 Week Range||12.66 - 15.79|
|Beta (3Y Monthly)||0.74|
|PE Ratio (TTM)||27.03|
|Earnings Date||Jun 11, 2019|
|Forward Dividend & Yield||0.60 (3.87%)|
|1y Target Est||10.71|
Amcor Limited (AMC.AX) and Bemis Company, Inc. (BMS) announce another important step toward closing their all-stock transaction. Forward-looking statements in this communication include, without limitation, statements about the anticipated benefits of the contemplated transactions, including future financial and operating results and expected synergies and cost savings related to the contemplated transactions, the plans, objectives, expectations and intentions of Amcor, New Amcor or Bemis and the expected timing of the completion of the contemplated transactions.
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Bemis Company, Inc. (BMS) announced today that definitive proxy materials have been filed with the U.S. Securities and Exchange Commission (“SEC”) in connection with the Company’s pending merger with Amcor Limited (AMC.AX). The definitive proxy statement is available on the Investor Relations section of Bemis’ website, as well as www.sec.gov, and will be sent to all Bemis shareholders entitled to vote at the Bemis Special Meeting of Shareholders. As previously announced, Bemis’ Special Meeting is scheduled to take place on May 2, 2019 at 10:00 a.m. Eastern Time (9:00 a.m. Central Time) at The Langham, Chicago, 330 North Wabash Avenue, Chicago, Illinois 60611.
HONG KONG/SYDNEY, March 22 (IFR) - Australian packaging company Amcor has launched a US$4.5bn refinancing to back its proposed merger with US-based Bemis, adding to a surge in event-driven financings in the country since the beginning of the year. Amcor's US$5.25bn all-stock purchase of Bemis is the 158-year old company's biggest acquisition, for which it is raising its largest-ever loan to refinance debt as part of the process. Sole mandated lender JP Morgan launched the multi-tranche loan, Australia's largest this year, last week to global lenders.
Amcor Board of Directors and Senior Leadership appointments announced. Amcor Limited (AMC.AX) and Bemis Company, Inc. (BMS) announce that further, important progress has been made towards completion of their all-stock transaction, with the filing of shareholder documentation and finalisation of Board of Director and Senior Leadership appointments.
Want to participate in a short research study? Help shape the future of investing tools and receive a $20 prize! In this article I am going to calculate the intrinsicRead More...
Amcor Limited (AMC.AX) and Bemis Company, Inc. (BMS) announce an important step toward closing their all-stock transaction, with approval received from the European Commission on 11 February 2019. A condition of this approval is an agreement to divest three Bemis plants located in the United Kingdom and Ireland. This approval preserves Amcor’s European healthcare packaging business which is substantially larger and participates in attractive, high value end markets.
Australian packaging company Amcor secured EU antitrust approval on Monday for its $5.25 bln buy of Bemis 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.
It is not uncommon to see companies perform well in the years after insiders buy shares. On the other hand, we'd be remiss not to mention that insider sales have Read More...
The $5.25 billion all-stock deal was initially expected to close in the first quarter of 2019, Amcor had said in August last year. "In the United States, antitrust approval and completion of shareholder meeting documentation review by the U.S. Securities and Exchange Commission have been delayed due to the partial U.S. government shutdown," Amcor said in a statement on Thursday. Amcor swooped on Bemis Company last year as packaging firms jostled to buy growth with acquisitions.
Amcor Limited (AMC.AX) and Bemis Company, Inc. (BMS) have made significant progress towards closing the all-stock transaction announced on 6 August 2018. Forward-looking statements in this communication include, without limitation, statements about the anticipated benefits of the contemplated transactions, including future financial and operating results and expected synergies and cost savings related to the contemplated transactions, the plans, objectives, expectations and intentions of Amcor, New Amcor or Bemis and the expected timing of the completion of the contemplated transactions.
Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is for those who would like to learn about Return On Read More...
Attractive stocks have exceptional fundamentals. In the case of Amcor Limited (ASX:AMC), there's is a well-regarded dividend payer with a a strong track record of performance and an optimistic growth Read More...
This article is written for those who want to get better at using price to earnings ratios (P/E ratios). To keep it practical, we'll show how Amcor Limited's (ASX:AMC) P/E Read More...
Moody's Investors Service, (Moody's) has today assigned a B2 corporate family rating (CFR) and a B2-PD probability of default rating (PDR) to the flexible plastic packaging manufacturer Schur Flexibles GmbH ("Schur" or the "company"). Concurrently, Moody's has assigned B2 rating to the E275 million senior secured term loan B due 2025 and to the E25 million senior secured revolving credit facility (RCF) due 2024, both to be issued by Schur Flexibles GmbH.
The following are mergers under review by the European Commission and a brief guide to the EU merger process: APPROVALS AND WITHDRAWALS -- Canadian Public Sector Pension Investment Board, Canadian Brookfield ...
The big shareholder groups in Amcor Limited (ASX:AMC) have power over the company. Institutions will often hold stock in bigger companies, and we expect to see insiders owning a noticeable Read More...
PARIS & ZURICH-- -- Amcor adopts hybrid cloud services to reduce intra-company complexities and costs Orange Business Services combines its public cloud solution “Flexible Engine” with private cloud IaaS to connect Amcor’s global operations Amcor, a leading global packaging company, has deployed hybrid cloud services from Orange Business Services to connect its worldwide infrastructure, both simplifying ...
Ron Delia has been the CEO of Amcor Limited (ASX:AMC) since 2015. This analysis aims first to contrast CEO compensation with other large companies. After that, we will consider the Read More...
Moody's Investors Service has today affirmed Amcor Limited's (Amcor) Baa2 issuer and backed senior unsecured ratings, as well as the company's P-2 short-term commercial paper and (P)Baa2 medium-term note programme ratings. "IMPORTANT NOTICE: MOODY'S RATINGS AND PUBLICATIONS ARE NOT INTENDED FOR USE BY RETAIL INVESTORS. Amcor's Baa2 issuer rating primarily reflects its globally diversified operations, strong market positions, and strategic customer relationships with a number of on-site and near-site facilities.
Amcor announces today the appointment of Eric Roegner as President of Amcor Rigid Plastics. Eric joins Amcor today and will succeed Mike Schmitt in this role in mid-November. Eric will be based in Ann Arbor, Mich., in the United States.