Amcor pounced on Berry merger after ‘Party A’ walked away, filings show
Berry Group agreed to sell itself to Australia’s Amcor in a $13 billion transaction after five months of negotiations with a rival broke down, according to new documents filed with regulators in the United States.
The Securities and Exchange Commission disclosures also show Amcor, the world’s largest consumer packaging business, will have to pay $410 million if it calls off the merger. The deal was announced in November.
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