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Amcor chairman says packaging giant isn't lost to Australia

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Key Points

  • Amcor shareholders overwhelmingly approved the Bemis buyout.
  • Amcor's historic shift was marked with a whimper, not a bang, at a meeting of fewer than 50 people.
  • Local shareholders can still make do with CDIs on the ASX.

Amcor chairman Graeme Liebelt says the company is determined to stay close to its Australian shareholders, after they overwhelmingly backed a merger that will result in its main listing shifting to the New York Stock Exchange.

Amcor shareholders overwhelmingly backed its merger with Bemis.  Jessica Shapiro

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James Thomson is senior Chanticleer columnist based in Melbourne. He was the Companies editor and editor of BRW Magazine. Connect with James on Twitter. Email James at j.thomson@afr.com
Simon Evans writes on business specialising in retail, manufacturing, beverages, mining and M&A. He is based in Adelaide. Connect with Simon on Twitter. Email Simon at simon.evans@afr.com

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    Original URL: https://www.afr.com/companies/manufacturing/amcor-chairman-says-packaging-giant-isn-t-lost-to-australia-20190501-p51j4y