Amcor And Berry World Obtain US Antitrust | World Market Information
(RTTNews) – Amcor plc (AMCR, AMC.AX) and Berry World Group, Inc. (BERY) introduced Tuesday that the mix of the 2 firms has obtained the U.S. Antitrust clearance following the expiration of the ready period underneath the Hart-Scott-Rodino Antitrust Enhancements Act of 1976.
The expiration of the ready period satisfies one other closing situation mandatory for finishing the mix.
The businesses additionally verify that a quantity of further approvals have been obtained from regulatory authorities in latest weeks, together with antitrust clearances from China and Brazil.
The company added that progress towards acquiring remaining regulatory approvals and different customary closing situations is nicely superior. The businesses inked the merger settlement in mid-November 2024 and proceed to anticipate transaction to close within the center of calendar yr 2025.
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