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Strategies & Market Trends : Speculating in Takeover Targets
ULBI 6.350-5.3%Feb 5 3:59 PM EST

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richardred
From: Fuzzy8/3/2018 2:44:45 PM
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Aug 3 (Reuters) - Australian packaging company Amcor Ltd is in advanced talks to buy U.S. rival Bemis Co , the Wall Street Journal reported wsj.com on Friday, citing people familiar with the matter.

Shares of Bemis, which has a market value of about $4.20 billion, were up 10.5 percent at $51.23 in morning trade.

A deal could be announced as soon as next week, according to the report.
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