Amcor and Berry file joint proxy statement; shareholder meetings set for Feb 25, 2025

Amcor plc

Definitive joint proxy statement filed with SEC; shareholder meetings for both companies scheduled for February 25, 2025.
Transaction expected to close in middle of calendar year 2025; $650 million in identified cost, growth, and financial synergies projected by end of year three.
Combined company projected to generate over $3 billion annual cash flow and deliver over 35% adjusted cash EPS accretion.
Boards of both companies unanimously recommend the transaction.
Record date for shareholders is January 17, 2025.

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