# Amcor and Bemis make progress toward all-stock merger completion

Amcor and Bemis reported further progress toward completing their all-stock transaction, with shareholder documentation filed and Board appointments finalised. The combination is expected to deliver $180 million in pre-tax annual net cost synergies.

- Type: Acquisition
- Announced: 2019-04-01
- Value: $6.80B
- Status: announced
- Products: rigid packaging, flexible packaging
- Sectors: [Packaging](https://endata.com/sectors/packaging.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Amcor](https://endata.com/companies/267.md) (acquirer)
- [Bemis](https://endata.com/companies/314.md) (target)

## Sources

- [lesprom.com](https://www.lesprom.com/en/news/Amcor__Bemis_announce_progress_towards_transaction_closing_88243/), 2019-04-01: "Amcor Limited and Bemis Company, Inc. announce that further, important progress has been made towards completion of their all-stock transaction."
- [packaging-gateway.com](https://www.packaging-gateway.com/news/amcor-bemis-merger-brazilian-clearance/), 2019-04-11: "Australian packaging company Amcor has received antitrust clearance from the Brazilian Administrative Council for Economic Defense (CADE) with no remedial action."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.