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Amcor considering potential takeover of rival Bemis Co - Bbg

Published 08/09/2017, 06:04 am
Updated 08/09/2017, 06:10 am
Amcor considering potential takeover of rival Bemis Co - Bbg
AMC
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Sept 7 (Reuters) - Packaging company Amcor Ltd AMC.AX is considering a takeover of rival Bemis Co BMS.N , Bloomberg reported on Thursday, citing people familiar with the matter.

Amcor is working with advisers to explore a bid for Bemis, which has a market valuation of about $4.3 billion, the report said.

Amcor and Bemis were not immediately available to comment.

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