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The integrated company will now operate as Amcor plc, trading on the New York Stock Exchange under the ticker symbol 'AMCR' and the Australian Securities Exchange under the ticker symbol 'AMC'.
The transaction was effected at a fixed exchange ratio of 5.1 Amcor shares for each Bemis share, resulting in Amcor and Bemis shareholders owning approximately 71% and 29% of the combined company, respectively.
Amcor 360, "powered by LiquiForm," as Amcor puts it, is a service based on the patented LiquiForm process.
Orange Business Services' hybrid cloud solution will enable Amcor to improve interactions and collaboration among employees in more than 40 countries across five continents.
The rating affirmation follows Australia-listed Amcor's announcement of a merger with US-based flexible-packaging maker Bemis Company, Inc.
The sales of the combined company were $13 billion, EBITDA was $2.2 million, and will have increased economies of scale and resources through Amcor's leading positions in Europe, Asia and Latin America, and Bemis' leading positions in North America and Brazil.
"Emerging Asia remains an important focus for Amcor Flexibles and, with 38 plants in eight countries today, our presence in the Asia Pacific region will continue to grow both organically and through acquisitions.
According to Amcor, N-Gage offers equivalent high performance and tangible cost savings for manufacturers in changeover time, waste, transport and Green Dot charges.
Complementing Amcor's custom branding is high-quality stock packaging that meets important product demands, including reduced cost and compressed time-to-market.
Every refresh station had a brand new, innovative, environmentally optimized, 250ml ICONIQ Water Pouch, also known as the Amcor AquaFlexCan, which brings convenience to consumers of any age.
Amcor has recently made investments to improve its value proposition for its tobacco packaging customers both in Europe and the Americas, with state-of-the-art investments in innovation capability as well as geographic expansion.
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