(Adds Amcor comment)
Sept 7 (Reuters) - Australian packaging company Amcor Ltd (AMC) is considering a takeover of rival Bemis Co
, Bloomberg reported on Thursday, citing people familiar with the matter. Amcor is working with advisers to explore a bid for Bemis, which has a market valuation of about $4.3 billion, the report said.
Amcor said in a statement that it had seen the media reports. It said it is continually reviewing opportunities to improve shareholder value and said it regularly assesses a range of strategic options. [nASX6JXVYb]
Bemis, based in Neenah, Wisconsin, was not immediately available to comment.
News: UPDATE 1-Amcor considering potential takeover of rival Bemis Co -Bbg
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Last
$16.42 |
Change
0.180(1.11%) |
Mkt cap ! $9.951B | |||
| Open | High | Low | Value | Volume |
| $16.36 | $16.51 | $16.36 | $17.72M | 1.078M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 34246 | $16.41 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.45 | 1080 | 1 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| AMC (ASX) Chart |