secwatch.observer — SEC 8-K summary
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Issuer:     Amcor plc (AMCR)
CIK:        0001748790
Form:       8-K
Filed at:   2024-11-19T23:59:59+00:00
Accession:  0001104659-24-120337
Event type: m_and_a
Sentiment:  neutral
Materiality: 1.00
Item codes: 1.01, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Amcor to acquire Berry Global in all-stock merger valued at ~$8.4B; each Berry share gets 7.25 Amcor shares
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- Exchange ratio: 7.25 Amcor ordinary shares per Berry common share; fixed ratio, no collar.
- Combined company board: 11 directors, 4 from Berry, Stephen Sterrett named deputy chair; Amcor CEO remains CEO.
- Termination fees: $260M payable by either party under specified circumstances (superior proposal, board recommendation change).
- Closing conditions include Berry stockholder adoption, Amcor shareholder approval, HSR and other regulatory clearances, no later than Nov 19, 2025 (extendable to May 19, 2026).
- Amcor secured a $3.0B 364-day bridge loan facility from Goldman Sachs and UBS to refinance certain Berry debt if needed at closing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1748790/000110465924120337/0001104659-24-120337-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1748790/000110465924120337/tm2428531d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-120337

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