Amcor And Berry Seal The Deal: $73.59 Per Share Merger To Forge Packaging Powerhouse

Amcor plc (NYSE:AMCR) and Berry Global Group, Inc. (NYSE:BERY) agreed to merge in an all-stock transaction, with the deal valuing Berry stock at $73.59 per share. The deal price represents a premium of about 10% to Monday’s closing price of $67.05. As per the deal, Berry shareholders will receive 7.25 Amcor shares for each Berry share, giving Amcor and Berry shareholders 63% and 37% ownership of the combined company, respectively. The boards of Amcor and Berry have unanimously approved the trans