Amcor has been shortlisted to acquire the global leader in closures. Amcor identified closures as a new strategic segment at its investor sessions in June 2017.
If regulators approve the deal, Amcor may look to issue new equity.
You're not a member! Trial today
We continue to view Amcor as a core holding and advise selling call options to enhance the return.
AMC trades on a forward yield of 4%.
