M&A
confidence high
sentiment neutral
materiality 0.65
Amcor files pro forma financials for $10.5B Berry Global acquisition; combined revenue $23.3B
Amcor plc
- Aggregate consideration ~$10.5B: ~$8.7B equity (7.25 Amcor shares per Berry share) and ~$1.8B debt repayment.
- Pro forma FY2024 net sales $23.291B, net income $750M, diluted EPS $0.32 vs Amcor standalone $0.51.
- Pro forma H1 FY2025 net sales $11.406B, net income $407M, diluted EPS $0.18.
- Amcor plans unsecured notes and has $2.2B bridge facility to fund debt repayments; $450M commitment maintained.
- Deal expected to close mid-2025, subject to regulatory approvals and shareholder votes.