{"id":4972,"date":"2025-01-24T05:38:40","date_gmt":"2025-01-24T10:38:40","guid":{"rendered":"https:\/\/www.packagingindustrynews.com\/?p=4972"},"modified":"2025-01-24T05:38:40","modified_gmt":"2025-01-24T10:38:40","slug":"amcor-and-berry-global-move-closer-to-merger-with-joint-proxy-statement-filling","status":"publish","type":"post","link":"https:\/\/www.packagingindustrynews.com\/?p=4972","title":{"rendered":"Amcor and Berry Global move closer to merger with joint proxy statement filling \u00a0"},"content":{"rendered":"


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The proxy statement was filed via SEC. Credit: JHVEPhoto via Shutterstock. <\/figcaption><\/figure>\n<\/p><\/div>\n

Amcor<\/a> and Berry Global<\/a> have filed a definitive joint proxy statement with the US\u00a0Securities and Exchange Commission (SEC).\u00a0\u00a0<\/p>\n

This filing represents a pivotal step towards finalising their merger through an all-stock transaction, initially unveiled last November<\/a>.<\/p>\n

The joint proxy statement includes notifications for upcoming shareholder meetings for both Amcor and Berry\u00a0that are scheduled to occur concurrently on 25 February 2025.\u00a0<\/p>\n

Under the terms of the definitive merger agreement, the two entities will amalgamate to form an entity in consumer and healthcare packaging solutions.\u00a0\u00a0<\/p>\n

The entity will have a portfolio that spans flexible film, containers, closures, and dispensing systems. \u00a0<\/p>\n

At the time of signing the merger agreement, Amcor CEO Peter Konieczny said: \u201cThis combination delivers on our strategy to accelerate growth by putting the customer first, elevating the role of sustainability and orienting the portfolio toward faster growing, higher margin categories.\u00a0\u00a0<\/p>\n

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