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The European Commission approved Amcor's $6.8 billion all-stock merger with US flexible packaging maker Bemis, conditional on divesting Bemis's European medical packaging business with three UK and Ireland plants. Closing is expected in the second quarter of 2019.
“Amcor has received approval from the European Commission for the proposed $6.8bn merger with US-based flexible packaging major Bemis in an all-stock combination.”packaging-gateway.com
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