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Strategies & Market Trends : Speculating in Takeover Targets -- Ignore unavailable to you. Want to Upgrade?

To: richardred who wrote (2278)	7/17/2010 2:23:44 PM
From: richardred	Respond to of 7239

Amcor hails strategic significance of Ball Plastics takeover By Rory Harrington, 16-Jun-2010 Related topics: Packaging Amcor said its takeover of Ball Plastics Packaging Americas for US$280m is an important strategic move that will allow it to diversify packaging formats, as well as expand its manufacturing capabilities and market share. The Australia-based company announced the agreement to purchase the Ball Corporation subsidiary - an operation with five plants in North America and annual sales of $600m – would also fuel its expansion in the United States, Canada and Latin America. Innovation and capability boost Amcor added the acquisition would boost its ability to offer a “broader range of innovation and technology-based solutions to customers”. Earlier this year, Peter Brues, president of Amcor Flexibles Europe & Americas, told FoodProductionDaily.com that its takeover of Alcan would give the company the opportunity to out-innovate its competition and the latest move appears to be in step with this strategy. The deal brings with it expanded capabilities, including developments in multi-layer, retort, and barrier technologies ,as well as the assets and know-how to manufacture HDPE and PP extrusion blowmoulded containers, said an Amcor statement. The buyout will also enlarge its Diversified Products business, which targets the food, pharmaceutical, distilled spirits and personal care markets. Growth is anticipated in wine bottles, retort packaging for food, and high density polyethylene (HDPE) and polypropylene (PP) containers for various market segments. ap-foodtechnology.com

To: richardred who wrote (2278)	9/8/2017 9:58:35 AM
From: richardred	Respond to of 7239

Amcor considering potential takeover of rival Bemis Co September 07, 2017, 04:04:00 PM EDT By Reuters Shutterstock photo Sept 7 (Reuters) - Australian packaging company Amcor Ltd 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. reuters.com