Amcor Plc Stock Price, News & Analysis

Amcor (NYSE: AMCR) and Berry Global Group (NYSE: BERY) have received unconditional approval from the European Commission for their planned combination under the EU Merger Regulation. This approval represents the final regulatory clearance required for the merger.

The transaction is scheduled to close on April 30, 2025, pending satisfaction of remaining closing conditions. Coinciding with the closing, Amcor will release its fiscal 2025 third quarter financial results (period ended March 31, 2025) after U.S. market close on April 30, 2025.

Amcor and Berry Global Group have received unconditional approval from the European Commission for their planned combination, marking the final regulatory clearance required for the merger. The transaction is scheduled to close on April 30, 2025, pending satisfaction of remaining closing conditions.

Amcor will announce its fiscal 2025 third quarter financial results after U.S. market close on April 30, 2025, followed by a conference call and webcast at 5:30 p.m. U.S. Eastern Daylight Time on Wednesday, April 30 / 7:30 a.m. Australian Eastern Standard Time on Thursday, May 1.

Amcor (NYSE: AMCR) has achieved an 'AA' MSCI ESG rating, highlighting its strong sustainability performance and commitment to responsible packaging solutions. The rating recognizes Amcor's progress in key environmental initiatives, including:

• Reducing greenhouse gas emissions
• Increasing clean energy procurement
• Expanding recycled content usage in products

Chief Sustainability Officer David Clark emphasized the company's dedication to delivering superior packaging solutions that align with consumer expectations and sustainability standards. The rating, provided by MSCI ESG Research, evaluates companies' exposure to industry-specific ESG risks and their risk management capabilities compared to peers. Amcor's focus on circular economy solutions remains central to its sustainability strategy, driving innovation for reduced environmental impact and enhanced recyclability globally.

Amcor (NYSE: AMCR) has completed construction of an advanced coating facility for healthcare packaging in Selangor, Malaysia. The facility is the first in Asia to feature air knife coating technology and produce both top and bottom substrates for medical device packaging.

The state-of-the-art facility integrates with Amcor's existing healthcare packaging plant, creating a comprehensive campus that enhances supply chain resilience and reduces lead times. Key features include:

• Water-based coating systems
• Online inspection systems
• Advanced air knife technology for uniform coating application

This development is part of Amcor's broader expansion in Asia Pacific, following recent initiatives including the acquisition of MDK in China, establishment of a grid lacquer paper unit in India, and construction of a co-extrusion blown film and printing plant in Singapore.

Amcor (NYSE: AMCR) has extended the application deadline for its Amcor Lift-Off Sprints challenge, seeking innovative companies developing compostable or recyclable barrier coating solutions for paper and other compostable substrates. The initiative offers successful applicants a joint development agreement with Amcor's R&D team and funding up to $500,000.

The challenge focuses on enhancing packaging functionality and sustainability through advanced barrier coatings. Key dates include:

• Application deadline: April 13, 2025
• Shortlisting: April 25, 2025
• Final Pitch Day: May 12, 2025

Interested companies can submit applications through amcor.com/ventures/lift-off/challenges, including details about their technology, business, and funding status. Applications will be reviewed by Amcor's Corporate Venturing and R&D teams.

Amcor Flexibles North America (AFNA), a subsidiary of Amcor plc (NYSE:AMCR), has priced a $2.2 billion private offering of guaranteed senior notes. The offering comprises three tranches:

• $725M of 4.800% notes due 2028
• $725M of 5.100% notes due 2030
• $750M of 5.500% notes due 2035

The notes, expected to close on March 17, 2025, will be senior unsecured obligations guaranteed by Amcor and certain subsidiaries. The proceeds will be used to repay Berry Global Group's existing debt following Amcor's merger with Berry. Most notes include a special mandatory redemption clause if the merger isn't completed by the agreement's Outside Date.

Amcor (NYSE: AMCR, ASX: AMC) and Berry Global Group (NYSE: BERY) have achieved a significant milestone in their planned combination, receiving US antitrust clearance through the expiration of the Hart-Scott-Rodino Antitrust Improvements Act waiting period. The companies have also secured important regulatory approvals from China and Brazil in recent weeks.

The transaction, which represents a major consolidation in the packaging industry, continues to progress with remaining regulatory approvals and customary closing conditions well advanced. Both companies maintain their expected timeline for the deal completion, targeting mid-calendar year 2025.

Amcor (NYSE: AMCR) and Berry Global have achieved a significant milestone in their planned combination, receiving US antitrust clearance through the expiration of the Hart-Scott-Rodino Act waiting period. The companies have also secured important regulatory approvals from China and Brazil.

The transaction, which combines two major packaging companies, remains on schedule with additional regulatory clearances progressing well. Both companies maintain their expected timeline for the deal completion, targeting mid-calendar year 2025.

Amcor plc announced the expiration and results of its consent solicitations from holders of Berry Global's outstanding notes, including various First Priority Senior Secured Notes due between 2027 and 2034. The solicitations, which expired on March 5, 2025, successfully obtained the required consents for proposed amendments to the notes' indentures.

The company entered into supplemental indentures with trustees and notes collateral agents for each series. While these became effective immediately upon execution, consent payments will only be made to holders who validly delivered (and did not revoke) consents, and only upon the consummation of the merger between Amcor and Berry.

The consent solicitations were managed by Goldman Sachs & Co. and UBS Investment Bank as lead solicitation agents, with BofA Securities, J.P. Morgan Securities, and Mizuho Securities USA serving as co-solicitation agents.