M&A - Amcor plc
Form Type: 425
Filing Date: 2025-04-16
Corporate Action: Merger
Type: New
Accession Number: 000110465925035554
Filing Summary: On April 16, 2025, Amcor plc announced significant progress in its merger with Berry Global Group, Inc., following overwhelming shareholder approval and antitrust clearances in key markets including the U.S., China, and Brazil. The merger is anticipated to create a global leader in consumer and healthcare packaging with combined revenues of $24 billion and substantial synergies of approximately $650 million expected within three years of closing. Amcor is focused on enhancing supply chain capabilities, innovation, and sustainability goals. A supplier meeting is scheduled for May 5, 2025, to discuss price adjustments and future business expectations, while both companies will continue to operate separately until the transaction formally closes.
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Additional details:
Subject Company: Berry Global Group, Inc.
Antitrust Clearance: U.S., China, Brazil
Projected Synergies: $650 million
Meeting Date: 2025-05-05
Business Areas: consumer and healthcare packaging
Revenue: $24 billion
Transaction Status: pending
Form Type: 425
Filing Date: 2025-04-02
Corporate Action: Merger
Type: New
Accession Number: 000110465925031129
Filing Summary: On April 2, 2025, Amcor plc communicated key updates regarding the integration planning between Amcor and Berry Global Group, Inc., as they prepare for the completion of their merger. The communication highlighted that teams are now focused on action planning and accountability, emphasizing the progress made in the integration efforts. Significant achievements were reported, including the alignment of plans across regions through 22 cross-workstream meetings and the development of 260 cost and revenue synergy initiatives. The communication stressed the importance of capturing value quickly following the merger and ensuring sustained success. Despite the ongoing preparations, it was noted that Amcor and Berry remain separate companies until the merger is finalized. A cautionary statement addressed forward-looking statements regarding expected benefits, risks, and uncertainties associated with the merger, including potential impacts on business operations and financial results. Amcor and Berry have been evaluating the risks related to the merger, including regulatory hurdles and integration challenges, and provided references to their SEC filings for further risks.
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Additional details:
Subject Company: Berry Global Group, Inc.
Commission File No: 333-284248
Integration Event Date: 2025-04-02
Total Integration Meetings: 22
Total Synergy Initiatives: 260
Form Type: 425
Filing Date: 2025-04-01
Corporate Action: Merger
Type: New
Accession Number: 000110465925030544
Filing Summary: Amcor plc has announced further senior leadership appointments as it prepares for the merger with Berry Global Group, Inc. Following the completion of the merger, several senior leaders will take on key roles: Michael Casamento as Chief Financial Officer, David Clark as Chief Sustainability Officer, Deborah Rasin as General Counsel, Tracey Whitehead as head of Investor Relations, and Ian Wilson leading Strategy and Development. Bill Norman will lead the Containers & Closures team in the Americas. The leadership team aims to build their respective teams and ensure the organization's functionality post-merger. Amcor expressed gratitude for employee dedication amid these changes and plans to provide updates in the coming weeks regarding organizational operations and strategies. The document also contains forward-looking statements regarding the merger's anticipated benefits, risks, and uncertainties, including challenges in completing the transaction and the integration of the two companies.
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Additional details:
Subject Company: Berry Global Group, Inc.
Merger Agreement: Agreement and Plan of Merger
Chief Financial Officer: Michael Casamento
Chief Sustainability Officer: David Clark
General Counsel: Deborah Rasin
Investor Relations Head: Tracey Whitehead
Strategy And Development Lead: Ian Wilson
Containers Closures Lead: Bill Norman
Form Type: 425
Filing Date: 2025-03-20
Corporate Action: Merger
Type: New
Accession Number: 000110465925026226
Filing Summary: Amcor plc announces the organizational model and leadership team following its merger with Berry Global Group, Inc., scheduled to close soon. The new Amcor will consist of two main divisions: Global Flexibles and Global Containers & Closures, led by Fred Stephan and Jean-Marc Galvez, respectively. This communication emphasizes the commitment to maintaining customer satisfaction and delivering on commitments during this transition period while recognizing that both companies remain independent until the merger occurs. The announcement indicates a strategic focus on sustainable growth and operational efficiency within the new structure of Amcor.
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Additional details:
Subject Company: Berry Global Group, Inc.
Lead Global Flexibles: Fred Stephan
Lead Global Containers Closures: Jean-Marc Galvez
Communication Date: 2025-03-20
Ceo Name: Peter Konieczny
Form Type: 425
Filing Date: 2025-03-17
Corporate Action: Merger
Type: New
Accession Number: 000110465925024412
Filing Summary: On March 17, 2025, Amcor plc completed the sale of $2.2 billion in guaranteed senior notes through its wholly-owned subsidiary, Amcor Flexibles North America, Inc. (AFNA). The offering comprised three series of notes: $725 million of 4.800% notes due 2028, $725 million of 5.100% notes due 2030, and $750 million of 5.500% notes due 2035. The net proceeds from this offering will be used to repay certain existing debts of Berry Global Group, Inc. (Berry), in connection with Amcor's planned merger with Berry, per the Merger Agreement established on November 19, 2024. The notes are senior unsecured obligations guaranteed by Amcor and its subsidiaries. Should the merger not occur by the specified deadlines outlined in the Merger Agreement, AFNA is required to redeem certain notes at specified terms. Additionally, a registration rights agreement was also entered into on the same day to facilitate the exchange of these notes for equivalent ones under certain conditions. Post-closing, AFNA terminated its bridge loan commitments in light of receiving cash proceeds from this note issuance.
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Additional details:
Date Of Closing: 2025-03-17
Total Principal Amount: 2.2 billion
Notes Due 2028 Amount: 725 million
Notes Due 2028 Interest Rate: 4.800%
Notes Due 2030 Amount: 725 million
Notes Due 2030 Interest Rate: 5.100%
Notes Due 2035 Amount: 750 million
Notes Due 2035 Interest Rate: 5.500%
Merger Agreement Date: 2024-11-19
Use Of Proceeds: repay certain existing indebtedness of Berry
Registration Rights Agreement Date: 2025-03-17
Form Type: 425
Filing Date: 2025-03-17
Corporate Action: Merger
Type: New
Accession Number: 000110465925024443
Filing Summary: Amcor plc is set to merge with Berry Global Group, Inc., creating a prominent player in the consumer and healthcare packaging sectors. This strategic combination aims to enhance innovative capabilities and expand scale across flexible, container, and closure markets. Peter Konieczny is announced as the CEO of the combined entity, while Susana Suarez Gonzalez will serve as Chief Human Resources Officer. The new structure will feature two main business divisions: Global Flexibles and Global Containers & Closures, with headquarters remaining in Zurich. The merger is scheduled to close in mid-2025, pending regulatory approvals and other customary conditions. Significant progress has already been made with approvals from both companies’ shareholders and U.S. antitrust clearance. The merger will not affect employee roles until its finalization, and both companies will continue independent operations during the integration planning phase. This move is aimed at reinforcing their positions in higher-growth market categories and enhancing sustainability efforts.
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Additional details:
Subject Company: Berry Global Group, Inc.
Business Structure: Global Flexibles and Global Containers & Closures
Headquarters Location: Zurich
Expected Closing Timing: Middle of calendar year 2025
Ceo Name: Peter Konieczny
Chro Name: Susana Suarez Gonzalez
Integration Plan Status: Progressing well in integration planning
Form Type: 425
Filing Date: 2025-03-17
Corporate Action: Merger
Type: New
Accession Number: 000110465925024477
Filing Summary: Amcor plc announced a merger with Berry Global Group, Inc. This collaboration is expected to create a global leader in consumer and healthcare packaging solutions by combining the complementary strengths of both companies. The integration aims to enhance the portfolio of innovative and specialized packaging solutions, focusing on high-growth categories such as healthcare and food service. By leveraging Berry's existing capabilities in flexible films and containers, Amcor intends to broaden its market reach and operational efficiency. The merger is anticipated to unlock new opportunities across several sectors, including beauty and personal care, while emphasizing sustainability in product offerings. The document also provides a cautionary statement regarding forward-looking statements and the potential risks associated with the merger, such as regulatory approvals, the impact on existing relationships, and market conditions that could affect the transaction's benefits.
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Additional details:
Subject Company: Berry Global Group, Inc.
Commission File Number: 333-284248
Merger Agreement: Agreement and Plan of Merger
Risks Identified: potential challenges include regulatory approvals, integration risks, expected cost implications, and market uncertainties.
Form Type: 8-K
Filing Date: 2025-03-17
Corporate Action: Merger
Type: New
Accession Number: 000110465925024411
Filing Summary: On March 17, 2025, Amcor plc, through its subsidiary Amcor Flexibles North America, Inc. (AFNA), completed a sale of $2.2 billion in senior notes to fund its merger with Berry Global Group, Inc. The offering included three series of guaranteed senior notes, with maturities in 2028, 2030, and 2035, and a range of interest rates from 4.800% to 5.500%. The proceeds will be used primarily to repay debts related to the merger. The merger is regulated under a previous agreement from November 19, 2024, and includes specific conditions on note redemption if the merger process does not advance as scheduled. Additionally, a registration rights agreement was established to facilitate the exchange of notes, mandating efforts to file a registration statement for the notes within 270 days after the offering's closing date.
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Additional details:
Title Of Each Class: Ordinary Shares, par value $0.01
Trading Symbol: AMCR
Exchange Registered: The New York Stock Exchange
Title Of Each Class: 1.125% Guaranteed Senior Notes Due 2027
Trading Symbol: AUKF/27
Exchange Registered: The New York Stock Exchange
Title Of Each Class: 5.450% Guaranteed Senior Notes Due 2029
Trading Symbol: AMCR/29
Exchange Registered: The New York Stock Exchange
Title Of Each Class: 3.950% Guaranteed Senior Notes Due 2032
Trading Symbol: AMCR/32
Exchange Registered: The New York Stock Exchange
Aggregate Principal Amount: 2.2 billion
Notes: [{"note_type":"2028 Notes","principal":"$725,000,000","interest_rate":"4.800%","maturity_date":"March 17, 2028"},{"note_type":"2030 Notes","principal":"$725,000,000","interest_rate":"5.100%","maturity_date":"March 17, 2030"},{"note_type":"2035 Notes","principal":"$750,000,000","interest_rate":"5.500%","maturity_date":"March 17, 2035"}]
Form Type: 425
Filing Date: 2025-03-13
Corporate Action: Merger
Type: New
Accession Number: 000110465925023182
Filing Summary: On March 12, 2025, Amcor Flexibles North America, Inc. (AFNA), a wholly-owned subsidiary of Amcor plc, priced a private offering of guaranteed senior notes totaling $2.2 billion, consisting of three tranches: $725 million of 4.800% Guaranteed Senior Notes due 2028, $725 million of 5.100% Guaranteed Senior Notes due 2030, and $750 million of 5.500% Guaranteed Senior Notes due 2035. The offering is set to close on March 17, 2025, pending customary conditions. The proceeds will be used to settle certain debts of Berry Global Group, Inc. in conjunction with Amcor’s planned merger with Berry. The notes will have a special mandatory redemption clause unless the merger is executed by five business days after the designated Outside Date. A press release detailing the offering was issued by Amcor on March 13, 2025, which is also attached as an exhibit to the filing.
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Additional details:
Principal Amount Notes: $2.2 billion
Tranche 1: $725,000,000 principal amount of 4.800% Guaranteed Senior Notes due 2028
Tranche 2: $725,000,000 principal amount of 5.100% Guaranteed Senior Notes due 2030
Tranche 3: $750,000,000 principal amount of 5.500% Guaranteed Senior Notes due 2035
Expected Closing Date: 2025-03-17
Merger With: Berry Global Group, Inc.
Special Redemption Clause: If the merger is not consummated by five business days after the Outside Date.
Press Release Date: 2025-03-13
Form Type: 8-K
Filing Date: 2025-03-13
Corporate Action: Merger
Type: New
Accession Number: 000110465925023175
Filing Summary: On March 12, 2025, Amcor Flexibles North America, Inc. (AFNA), a wholly-owned subsidiary of Amcor plc, priced a private offering of guaranteed senior notes totaling $2.2 billion. This offering includes three tranches: $725 million in 4.800% Guaranteed Senior Notes due 2028, $725 million in 5.100% Guaranteed Senior Notes due 2030, and $750 million in 5.500% Guaranteed Senior Notes due 2035. The pricing is part of financing related to Amcor's merger with Berry Global Group, Inc., with the proceeds meant to pay off certain indebtedness of Berry. All notes, except for those due in 2028, will face a mandatory special redemption if the merger does not close within five business days after the outside date specified in the merger agreement. A press release regarding the offering was issued on March 13, 2025, detailing the pricing and conditions. The offering targets qualified institutional buyers and non-U.S. persons, in compliance with relevant securities laws. The offering is expected to close on March 17, 2025, pending customary conditions.
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Additional details:
Principal Amount: 725,000,000
Interest Rate: 4.800%
Due Date: 2028
Principal Amount: 725,000,000
Interest Rate: 5.100%
Due Date: 2030
Principal Amount: 750,000,000
Interest Rate: 5.500%
Due Date: 2035
Form Type: 425
Filing Date: 2025-03-11
Corporate Action: Merger
Type: Update
Accession Number: 000110465925022393
Filing Summary: On March 10, 2025, Amcor plc and Berry Global Group, Inc. announced the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act regarding their merger agreement. The merger will see Amcor's wholly-owned subsidiary, Aurora Spirit, Inc., merge with Berry, with Berry surviving as a subsidiary of Amcor. The companies anticipate the merger will close in mid-2025, pending the satisfaction of other regulatory and operational conditions. A joint press release was issued on March 11, 2025, confirming this expiration and providing further details about the merger process.
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Additional details:
Waiting Period Expiration Date: 2025-03-10
Merger Expected Closing: mid-2025
Joint Press Release Date: 2025-03-11
Company Merging With: Berry Global Group, Inc.
Subsidiary Merging: Aurora Spirit, Inc.
Merger Type: wholly-owned subsidiary
Form Type: 425
Filing Date: 2025-03-11
Corporate Action: Merger
Type: Update
Accession Number: 000110465925022552
Filing Summary: Amcor plc announced that it has received antitrust clearance from the US Department of Justice for its proposed merger with Berry Global Group, Inc. This marks a significant milestone in the process of their planned combination. The future Amcor following the merger is projected to have approximately half of its revenues sourced from the US. The message reinforced the importance of maintaining operations as usual until the merger is finalized, which is expected to close by mid-2025. Amcor and Berry are actively progressing toward obtaining necessary regulatory approvals, and the communication highlighted ongoing efforts and assurances for stakeholders. Additionally, it reminded investors to review important documentation associated with the merger, which includes a registration statement and joint proxy statement/prospectus that have been filed with the SEC.
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Additional details:
Subject Company: Berry Global Group, Inc.
Commission File No: 333-284248
Clearance Type: US DOJ Antitrust clearance
Planned Closing Date: middle of this calendar year
Form Type: 425
Filing Date: 2025-03-11
Corporate Action: Merger
Type: Update
Accession Number: 000110465925022557
Filing Summary: On March 11, 2025, Amcor plc announced progress towards its merger with Berry Global Group by stating it has received US antitrust clearance. This development keeps them on track for closing the merger in mid-calendar year 2025, aiming to establish a global leader in consumer and healthcare packaging solutions. The document highlights that the communication made via LinkedIn does not constitute an offer to sell or solicit votes in connection to the proposed transaction. Amcor had previously filed a registration statement on Form S-4 with the SEC on January 13, 2025, which was declared effective on January 23, 2025. The final joint proxy statement/prospectus was mailed to shareholders around the same date. The company's cautionary statements emphasize the uncertainties and risks associated with forward-looking statements regarding the merger's expected benefits, operational impacts, and potential regulatory challenges that could affect completion. Investors are advised to read the definitive joint proxy statement/prospectus and other SEC filings for important information regarding the merger.
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Additional details:
Subject Company: Berry Global Group, Inc.
Commission File No: 333-284248
Clearance Status: US antitrust clearance
Expected Closing Date: mid-calendar year 2025
Registration Statement Date: 2025-01-13
Effective Date: 2025-01-23
Form Type: 8-K
Filing Date: 2025-03-11
Corporate Action: Merger
Type: Update
Accession Number: 000110465925022389
Filing Summary: On March 10, 2025, the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act for the merger of Amcor plc and Berry Global Group, Inc. expired. This merger arrangement involves Amcor's subsidiary, Aurora Spirit, Inc., merging with Berry, with Berry continuing as a wholly-owned subsidiary of Amcor. The transaction is anticipated to conclude in mid-2025, pending other essential closing conditions. A joint press release was issued by Amcor and Berry on March 11, 2025, highlighting the expiration of the waiting period under the HSR Act. The upcoming merger is part of Amcor's strategic initiatives to enhance its business operations and market position.
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Additional details:
Waiting Period Expiry: 2025-03-10
Merger Agreement Date: 2024-11-19
Expected Closing Date: mid-2025
Joint Press Release Date: 2025-03-11
Form Type: 425
Filing Date: 2025-03-10
Corporate Action: Merger
Type: New
Accession Number: 000110465925021906
Filing Summary: On March 10, 2025, Amcor plc filed a Current Report on Form 8-K regarding its merger with Berry Global Group, Inc., following the previously disclosed Agreement and Plan of Merger established on November 19, 2024. Amcor will merge with its wholly-owned subsidiary, Aurora Spirit, Inc., transitioning Berry into a wholly-owned subsidiary of Amcor. The filing includes unaudited pro forma financial statements that reflect the financial impact of the merger along with other related transactions, emphasizing they are for informational purposes only and do not forecast future results. The report also contains a cautionary statement concerning forward-looking statements, outlining potential risks and uncertainties associated with the merger
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Additional details:
Merger Date: 2024-11-19
Merger Target: Berry Global Group, Inc.
Merger Subsidiary: Aurora Spirit, Inc.
Pro Forma Financial Information: unaudited pro forma condensed combined financial statements
Exhibit 99 1: Unaudited pro forma condensed combined balance sheet of Amcor plc
Form Type: 8-K
Filing Date: 2025-03-10
Corporate Action: Merger
Type: New
Accession Number: 000110465925021904
Filing Summary: On March 10, 2025, Amcor plc reported on its planned merger with Berry Global Group, Inc. under an Agreement and Plan of Merger signed on November 19, 2024. The merger will involve Amcor's wholly-owned subsidiary, Aurora Spirit, Inc., merging with Berry Global, with Berry surviving as a wholly-owned subsidiary of Amcor. The report includes financial information relevant to the merger, alongside unaudited pro forma financial statements that detail the anticipated financial impact of the merger. Although these statements are for informational purposes, they do not guarantee projected outcomes of the merged entities. The report provides a cautionary statement regarding forward-looking statements, highlighting associated risks and uncertainties related to the merger's completion and future performance abilities.
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Additional details:
Merger Agreement Date: 2024-11-19
Merger Subsidiary: Aurora Spirit, Inc.
Acquired Company: Berry Global Group, Inc.
Financial Statements Exhibit: Exhibit 99.1
Pro Forma Balance Sheet Date: 2024-12-31
Pro Forma Statement Of Income Periods: year ended June 30, 2024 and six months ended December 31, 2024
Form Type: 425
Filing Date: 2025-03-07
Corporate Action: Merger
Type: New
Accession Number: 000110465925021792
Filing Summary: Amcor plc has communicated to its employees regarding the planned merger with Berry Global Group, targeted for mid-2025. The shareholders of both companies have overwhelmingly approved the merger. Amcor has made significant progress in integration planning with Berry, having held an integration summit that involved over 80 working sessions focusing on 360 collaboration areas. A total of 650 key actions were identified to ensure a smooth transition on Day 1 of the merger. The document emphasizes the cultural alignment and collaborative spirit between the two companies as they prepare for the merger. Amcor is committed to keeping employees informed and engaged through various resources, including an information hub about the merger and ongoing updates.
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Additional details:
Subject Company: Berry Global Group, Inc.
Commission File No: 333-284248
Integration Planning Updates: Significant progress with multiple working sessions and key actions identified.
Shareholder Approval: Overwhelming approval from shareholders of both Amcor and Berry Global.
Form Type: 425
Filing Date: 2025-03-06
Corporate Action: Merger
Type: New
Accession Number: 000110465925021032
Filing Summary: On March 3, 2025, Amcor plc entered into a Five-Year Syndicated Facility Agreement with several subsidiaries and JPMorgan Chase Bank, N.A. This agreement provides an unsecured revolving credit facility totaling $3.75 billion, maturing on March 3, 2030, with potential extensions. The agreement allows for an increase in commitment levels up to $1.0 billion based on certain conditions. It outlines various interest rates based on loan types and includes customary covenants. On the same date, Amcor terminated its previous three-year and five-year facility agreements without any outstanding amounts or penalties. Additionally, a joint press release on March 5, 2025, disclosed the successful conclusion of consent solicitations for certain senior secured notes, as part of a strategy that may involve a merger with Berry Global, Inc.
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Additional details:
Credit Facility Amount: 3.75 billion
Maturity Date: 2030-03-03
Increase Commitment Limit: 1.0 billion
Interest Rate Type: alternate base rate
Interest Rate Range Base: 0.0% to 0.50%
Interest Rate Term Loan Range: 0.875% to 1.50%
Interest Rate Euribor Range: 0.875% to 1.50%
Interest Rate Rfr Range: 0.875% to 1.50%
Covenant Net Leverage Ratio: 3.90:1.00
Covenant After Acquisition Leverage Ratio: 4.25:1.00
Form Type: 425
Filing Date: 2025-03-05
Corporate Action: Merger
Type: New
Accession Number: 000110465925020616
Filing Summary: Amcor plc announced a planned combination with Berry Global Group, Inc., describing the merger as a strategic move to create a larger, more capable packaging entity. The merger aims to capitalize on the complementary nature of both companies, enhancing their market presence and ability to serve customers across a global footprint that includes approximately 400 facilities and a presence in more than 140 countries. The collaboration is expected to strengthen operations in high-growth sectors like healthcare and personal care, driven by Berry's extensive manufacturing network and diverse product offerings. The document outlines significant potential benefits, including increased innovation and operational resilience, though it also highlights risks associated with the transaction, such as the need for regulatory approvals and challenges in merging the two organizations effectively. Amcor emphasizes its dedication to maintaining customer and personnel relations throughout the integration process and mentions ongoing discussions about Berry's product portfolio and sustainability commitment as part of their marketing strategy.
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Additional details:
Subject Company: Berry Global Group, Inc.
Commission File No: 333-284248
Combined Facilities Count: 400
Core Market Segments: healthcare, protein, liquids, pet food, beauty and personal care, food service
Berry Global Revenue Distribution: 50% in U.S. and Canada, 40% in Europe, 10% in emerging markets
Form Type: 425
Filing Date: 2025-03-05
Corporate Action: Merger
Type: Update
Accession Number: 000110465925020874
Filing Summary: On March 5, 2025, Amcor plc's CEO, Peter Konieczny, communicated important updates regarding the company's merger with Berry Global Group, Inc. He emphasized progress in planning for the future combined organization, aimed at building a strong leadership team from both companies. Susana Suarez Gonzalez was confirmed to retain her position as Chief Human Resources Officer post-merger. The organization will be structured into two main business segments: Global Flexibles and Global Closures & Containers, with immediate attention to selecting leadership for these divisions and the Chief Financial Officer. The company plans to act swiftly in appointing leaders while maintaining a commitment to thoroughly evaluate candidates. Konieczny reaffirmed that Amcor and Berry remain independent entities until the transaction closes and acknowledged the teams' efforts during this transitional phase. The communication included a cautionary statement regarding forward-looking statements, highlighting anticipated risks associated with the merger process.
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Additional details:
Subject: Amcor-Berry combination: Update on org design and talent selection
Distribution Date: March 5, 2025
Ceo Name: Peter Konieczny
New Business Structure: Global Flexibles and Global Closures & Containers
Key Appointments: [{"name":"Susana Suarez Gonzalez","position":"Chief Human Resources Officer"}]
Form Type: 425
Filing Date: 2025-02-28
Corporate Action: Merger
Type: New
Accession Number: 000110465925019124
Filing Summary: On February 28, 2025, Amcor plc announced that shareholders of both Amcor and Berry Global Group overwhelmingly approved their combination, marking a significant advancement towards completing the merger. The transaction is pending closing conditions, and preparations are underway for a seamless transition to maximize value from the start. This merger is founded on the complementary strengths of both companies, aiming to enhance distribution and packaging capabilities, improve supply chain resilience, and simplify operations for customers across different regions. The collaboration will expand their global footprint, enabling local brands to access global capabilities. The merger plans also involve developing a wider range of packaging solutions by leveraging combined expertise in various packaging areas including closures, bottles, films, and cartons. Amcor is poised to address industry challenges by partnering with organizations like Michigan State University to innovate and improve sustainability practices. Communication underscored that both companies remain independent in the interim and emphasized a commitment to maintaining high service levels during this transition period. This announcement is meant for investor communication and does not constitute a securities offer or solicitation. Investors are advised to refer to SEC filings for detailed information and paid close attention to potential risks and uncertainties affecting the merger completion.
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Additional details:
Subject Company: Berry Global Group, Inc.
Registration Statement File Number: 333-284248
Comment: This communication does not constitute an offer to sell or the solicitation of an offer to buy or exchange any securities or a solicitation of any vote or approval in any jurisdiction.
Participants Information: Amcor, Berry, and their respective directors and executive officers may be considered participants in the solicitation of proxies.
Forward Looking Statements Warning: This communication contains forward-looking statements regarding the merger's anticipated benefits and potential risks.
Form Type: 425
Filing Date: 2025-02-26
Corporate Action: Merger
Type: New
Accession Number: 000110465925017431
Filing Summary: Amcor plc announced a significant milestone in the process to merge with Berry Global Group, Inc. Shareholders from both companies voted overwhelmingly in favor of the combination, reflecting strong support from Amcor's and Berry Global's shareholders. The vote constitutes a necessary legal step and affirms the potential benefits of the merger, such as improved customer service, faster growth, and enhanced global operations. The merger is targeted for completion in the middle of the calendar year, with an integration team already planning for a smooth transition. Employees are encouraged to continue their efforts in maintaining business operations while addressing the merger process. The CEO, Peter Konieczny, expressed gratitude towards employees for their support and emphasized the importance of focusing on business commitments during this transition period. The announcement includes cautionary statements regarding forward-looking information, acknowledging uncertainties and various risks associated with completing the merger and achieving the anticipated benefits.
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Additional details:
Subject Company: Berry Global Group, Inc.
Shareholder Support Amcor: [%]
Shareholder Support Berry Global: [%]
Target Completion Date: mid 2025
Ceo Name: Peter Konieczny
Form Type: 425
Filing Date: 2025-02-26
Corporate Action: Merger
Type: New
Accession Number: 000110465925017434
Filing Summary: On February 26, 2025, Amcor plc announced that shareholders of both Amcor and Berry Global Group, Inc. overwhelmingly approved the merger between the two companies. This merger is aimed at enhancing operational capabilities and accelerating growth in the packaging industry. The announcement emphasized the strategic advantages of the merger, highlighting the opportunity for greater customer service and innovative packaging solutions. The document also includes cautionary statements regarding forward-looking assertions related to the merger, outlining potential risks including regulatory approvals, operational disruptions during the merger process, and uncertainty in achieving projected synergies post-merger.
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Additional details:
Subject Company: Berry Global Group, Inc.
Commission File Number: 333-284248
Form Type: 425
Filing Date: 2025-02-26
Corporate Action: Merger
Type: New
Accession Number: 000110465925017512
Filing Summary: Amcor plc is progressing with its acquisition of Berry Global Group, as discussed by CEO P.K. Konieczny and CFO Michael Casamento at the BofA Securities 2025 Global Agriculture & Materials Conference on February 26, 2025. The shareholders of both Amcor and Berry have voted in favor of the transaction, which is considered a significant milestone. The regulatory approval process is ongoing, with positive discussions reported regarding antitrust and foreign direct investment regulations. Amcor has filed necessary documentation and has received some approvals already. The merger is anticipated to close by mid-year 2025, facilitating expected synergies and margin enhancements for the combined entity, which includes a projected $650 million in synergies over three years. The focus will be on cost reductions in procurement, SG&A, and operational improvements, with a projected combined revenue of $24 billion. Amcor aims to leverage its strengths in flexible packaging and Berry's strengths in containers and closures, resulting in enhanced capabilities and market position for the merged companies.
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Additional details:
Subject Company: Berry Global Group, Inc.
Commission File No: 333-284248
Shareholder Vote Status: approved
Regulatory Approval Status: positive discussions ongoing
Anticipated Close Date: mid-year 2025
Synergies Amount: $650 million
Pro Forma Revenue: $24 billion
Cost Reductions Breakdown: {"procurement":"$325 million","SG&A":"included","operational_improvements":"included"}
Form Type: 8-K
Filing Date: 2025-02-26
Corporate Action: Merger
Type: Update
Accession Number: 000110465925017199
Filing Summary: On February 25, 2025, Amcor plc held an Extraordinary General Meeting where shareholders voted on the Share Issuance Proposal related to the issuance of shares of ordinary shares for a merger agreement with Berry Global Group, Inc. The proposal was approved with 1,033,162,281 votes in favor and 2,689,594 votes against. Additionally, a proposal for potential adjournments was not voted on due to sufficient support for the merger. On February 26, 2025, Amcor and Berry issued a joint press release to announce the results of the meeting.
Document Link: View Document
Additional details:
Votes For: 1033162281
Votes Against: 2689594
Abstentions: 1764691
Broker Non Votes: 0
Merger Agreement Date: 2024-11-19
Company Involved: Berry Global Group, Inc.
Form Type: 8-K
Filing Date: 2025-02-26
Corporate Action: Merger
Type: New
Accession Number: 000110465925017232
Filing Summary: On February 26, 2025, Amcor plc announced the commencement of consent solicitations from holders of various Senior Secured Notes issued by Berry Global, Inc., a wholly-owned subsidiary of Berry Global Group, Inc. The consent solicitations aim to amend certain provisions of the applicable indenture governing these notes. The applicable notes involved in the consent solicitations include 1.50% First Priority Senior Secured Notes due 2027, 1.65% First Priority Senior Secured Notes due 2027, 5.50% First Priority Senior Secured Notes due 2028, 5.800% First Priority Senior Secured Notes due 2031, and 5.650% First Priority Senior Secured Notes due 2034. A press release was also issued on this date announcing the consent solicitations, but information in the SEC filing clarifies that it should not be construed as 'filed' for regulatory purposes. Furthermore, potential risks related to the merger, including uncertainties, and their impact on operational performance and synergies, were discussed, indicating that the merger is subject to various conditions and approvals.
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Additional details:
Title Of Each Class: Ordinary Shares, par value $0.01 per share
Trading Symbol: AMCR
Name Of Each Exchange: The New York Stock Exchange
Title Of Each Class: 1.125% Guaranteed Senior Notes Due 2027
Trading Symbol: AUKF/27
Name Of Each Exchange: The New York Stock Exchange
Title Of Each Class: 5.450% Guaranteed Senior Notes Due 2029
Trading Symbol: AMCR/29
Name Of Each Exchange: The New York Stock Exchange
Title Of Each Class: 3.950% Guaranteed Senior Notes Due 2032
Trading Symbol: AMCR/32
Name Of Each Exchange: The New York Stock Exchange
Press Release Date: 2025-02-26
Description Of Press Release: Press Release regarding the commencement of Consent Solicitations.
Form Type: 425
Filing Date: 2025-02-26
Corporate Action: Merger
Type: New
Accession Number: 000110465925017200
Filing Summary: On February 25, 2025, Amcor plc held an Extraordinary General Meeting where shareholders approved the Share Issuance Proposal. This proposal involves the issuance of ordinary shares related to the merger agreement between Amcor, its subsidiary Aurora Spirit, Inc., and Berry Global Group, Inc. The voting results showed substantial support with 1,033,162,281 votes in favor, 2,689,594 against, and 1,764,691 abstentions. Due to sufficient votes for the proposal, a secondary proposal for adjournments was not voted on. A joint press release regarding the meeting results was issued on February 26, 2025.
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Additional details:
Shareholder Meeting Date: 2025-02-25
Proposal Description: Share Issuance Proposal
Votes For: 1,033,162,281
Votes Against: 2,689,594
Votes Abstained: 1,764,691
Broker Non Votes: 0
Merger Parties: Amcor plc, Aurora Spirit, Inc., Berry Global Group, Inc.
Proxy Statement Date: 2025-01-23
Press Release Date: 2025-02-26
Form Type: 425
Filing Date: 2025-02-26
Corporate Action: Acquisition
Type: New
Accession Number: 000110465925017236
Filing Summary: On February 26, 2025, Amcor plc announced the commencement of Consent Solicitations from holders of various First Priority Senior Secured Notes issued by its subsidiary, Berry Global, Inc. The consent solicitations aim to amend provisions in the indenture governing these notes. This includes multiple series due between 2026 and 2034. Amcor simultaneously issued a press release outlining this development, noting that other series of notes are not included in the solicitations. Forward-looking statements regarding the potential benefits and risks associated with these solicitations and the ongoing merger with Berry Global Group were also highlighted in the filing.
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Additional details:
Consent Solicitations Start Date: 2025-02-26
Notes Involved: 1.50% First Priority Senior Secured Notes due 2027, 1.65% First Priority Senior Secured Notes due 2027, 5.50% First Priority Senior Secured Notes due 2028, 5.800% First Priority Senior Secured Notes due 2031, 5.650% First Priority Senior Secured Notes due 2034
Press Release Attached: Yes
Exhibit Number: 99.1
Description Of Exhibit: Press Release, dated February 26, 2025
Form Type: 425
Filing Date: 2025-02-21
Corporate Action: Merger
Type: New
Accession Number: 000110465925016132
Filing Summary: Amcor plc announced a combination with Berry Global Group, creating a leading global entity in flexible packaging, containers, and closures for consumer and healthcare applications. Significant progress has been made in integration planning since the announcement, with regulatory reviews underway and a definitive joint proxy statement/prospectus filed on January 23, 2025. Shareholder votes from both companies are scheduled for February 25, 2025. Once the transaction closes, anticipated in mid-2025, both companies will operate as one. The preparation phase includes planning milestones and fostering employee engagement prior to Day 1 of the new operation. This integration aims to enhance their capabilities across various market segments, ultimately striving for enhanced safety, customer service, sustainability, and innovation.
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Additional details:
Subject Company: Berry Global Group, Inc.
Registration Statement Date: 2025-01-13
Proxy Statement Date: 2025-01-23
Shareholder Vote Date: 2025-02-25
Target Combination Close Date: 2025-06-30
Forward Looking Statements Warning: This communication contains forward-looking statements that involve risks and uncertainties.
Form Type: 425
Filing Date: 2025-02-14
Corporate Action: Merger
Type: Update
Accession Number: 000110465925014051
Filing Summary: On February 14, 2025, Amcor plc disclosed updates regarding its previously announced merger with Berry Global Group, Inc. The merger, which was established through an Agreement and Plan of Merger entered on November 19, 2024, details the merger of Aurora Spirit, Inc. (a wholly-owned subsidiary of Amcor) with Berry, resulting in Berry becoming a wholly-owned subsidiary of Amcor. The SEC declared Amcor's registration statement effective on January 23, 2025, initiating the mailing of a Joint Proxy Statement/Prospectus to shareholders. Legal challenges have been posed by stockholders alleging the Joint Proxy Statement/Prospectus contained material omissions. To address concerns while denying any wrongdoing, Amcor and Berry are voluntarily providing additional disclosures. The communication also affirms that shareholders are encouraged to read the complete Joint Proxy Statement/Prospectus and related filings for important details about the merger.
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Additional details:
Date Of Report: 2025-02-14
Merger Parties: Amcor plc and Berry Global Group, Inc.
Merger Status: Ongoing
Registration Statement Effective Date: 2025-01-23
Shareholder Communication Date: 2025-01-23
Legal Challenges: Yes
Form Type: 8-K
Filing Date: 2025-02-14
Corporate Action: Merger
Type: Update
Accession Number: 000110465925014041
Filing Summary: On February 14, 2025, Amcor plc reported on its merger plans with Berry Global Group, Inc. under a Merger Agreement initiated on November 19, 2024. The agreement outlines the merger of Aurora Spirit, Inc., a subsidiary of Amcor, into Berry, which will then operate as a wholly-owned branch of Amcor. Amcor filed a registration statement on Form S-4 on January 13, 2024, which was amended and approved by the SEC. Following this, the joint proxy statement/prospectus was distributed to shareholders around January 23, 2025. The report notes ongoing litigation concerning the adequacy of disclosures in the proxy statement, with allegations from purported shareholders that these documents were incomplete. Amcor maintains that they are complying with disclosure requirements and are supplementing information in the proxy to address the claims without admitting any legal fault. Several financial modifications regarding projections and advisory opinions from external partners regarding the merger have also been documented, emphasizing the complexities involved in the financial evaluations and discussions surrounding the merger.
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Additional details:
Merger Agreement Date: 2024-11-19
Initial Registration Statement Date: 2024-01-13
Amended Registration Statement Date: 2025-01-21
Securities Effective Date: 2025-01-23
Shareholder Mail Date: 2025-01-23
Litigation Status: active
Disclosure Status: supplemental disclosures provided
Form Type: 425
Filing Date: 2025-02-13
Corporate Action: Merger
Type: New
Accession Number: 000110465925012421
Filing Summary: Amcor plc and Berry Global Group, Inc. have entered into a Merger Agreement, whereby Amcor intends to acquire Berry in an all-stock transaction. The deal requires approval from shareholders and CDI holders at Amcor's Extraordinary General Meeting (EGM) set for February 26, 2025. Each Amcor CDI holder will maintain their number of CDIs post-merger while Berry stockholders will receive 7.25 Amcor Ordinary Shares for every share of Berry Common Stock held. The Amcor Board unanimously recommends that holders vote in favor of the merger proposals. Voting instructions are encouraged to be submitted by February 21, 2025, to ensure participation in the EGM.
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Additional details:
Subject Company: Berry Global Group, Inc.
Registration Statement Date: 2025-01-13
Effective Date: 2025-01-23
Meeting Date: 2025-02-26
Vote Deadline: 2025-02-21
Shareholder Voting: Amcor Board recommends voting in favor of proposals
Merger Ratio: 7.25 Amcor Ordinary Shares for each Berry Common Share
Form Type: 425
Filing Date: 2025-02-13
Corporate Action: Merger
Type: New
Accession Number: 000110465925012918
Filing Summary: Amcor plc is advancing its integration planning for the announced merger with Berry Global Group. An integration planning team has been established, comprising leaders from various functional and regional teams to facilitate a smooth transition post-transaction. The team focuses on key integration workstreams, including Master Planning, Synergy Validation, and Day 1 Readiness, among others. All members will be dedicated to ensuring effective integration and resource allocation during this period. Furthermore, a joint proxy statement/prospectus has been filed with the SEC, and shareholders are encouraged to review the documents for important information regarding the transaction. Forward-looking statements highlight potential risks and uncertainties surrounding the completion and benefits of the merger, including regulatory approvals and synergies.
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Additional details:
Subject Company: Berry Global Group, Inc.
Registration Statement Date: 2025-01-13
Registration Statement Amend Date: 2025-01-21
Sec Declaration Effective Date: 2025-01-23
Integration Team Structure: Integration Management Office and Global Workstreams
Integration Team Leads: [{"name":"Rahul Chande","role":"Master Planning"},{"name":"Allan Barci","role":"Synergy Validation"},{"name":"Alice de Angelis","role":"Day 1 Readiness"},{"name":"Ernesto Duran \/ Javier Garcia","role":"Communications and Culture"}]
Form Type: 425
Filing Date: 2025-02-11
Corporate Action: Merger
Type: New
Accession Number: 000110465925011218
Filing Summary: Amcor plc is actively pursuing a merger with Berry Global Group, with a significant shareholder vote scheduled for February 25, 2025. Amcor emphasizes the potential benefits of this combination, highlighting improved capabilities, innovation, and sustainability that will transform the industry. The company encourages shareholders to vote in favor of the merger, stressing the importance of participation. The proxy materials, which provide essential voting instructions and detailed insights regarding the transaction, have been mailed to shareholders. Voting deadlines are specified, with online voting options available for both Amcor Ordinary Shares and CDIs, and support is offered for those needing assistance with the voting process. Important cautionary statements regarding forward-looking risks associated with the merger have also been included, outlining potential uncertainties that could impact the transaction and its anticipated benefits.
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Additional details:
Subject Company: Berry Global Group, Inc.
Commission File No: 333-284248
Shareholder Meeting Date: 2025-02-25
Proxy Materials Mailing Date: 2025-01-23
Cutoff Date For Internet Voting Ordinary Shares: 2025-02-24
Cutoff Date For Internet Voting Cdis: 2025-02-21
Company Executive: Peter Konieczny
Contact Email: [email protected]
Form Type: 425
Filing Date: 2025-02-05
Corporate Action: Merger
Type: New
Accession Number: 000110465925009265
Filing Summary: Amcor plc is involved in a proposed merger with Berry Global Group, Inc. A stockholder communication issued by Berry outlines the upcoming special meeting scheduled for February 25, 2025, where stockholders are encouraged to vote on the merger. The Board of Directors of Berry recommends voting in favor of the merger proposal, emphasizing the importance of participation in the voting process. The document notes that proxy materials have been sent to stockholders, including a joint proxy statement/prospectus. It highlights that shareholders can access the necessary documents via the SEC's website and both companies' investor sections. Additionally, detailed cautionary statements regarding forward-looking statements and potential risks associated with the merger are included, underlining uncertainties that could impact the proposed transaction.
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Additional details:
Subject Company: Berry Global Group, Inc.
Commission File No: 333-284248
Special Meeting Date: 2025-02-25
Proxy Material Sent: Yes
Board Recommendation: Vote FOR the merger
Form Type: 425
Filing Date: 2025-02-05
Corporate Action: Merger
Type: New
Accession Number: 000110465925009304
Filing Summary: On February 4, 2025, Amcor plc hosted an earnings release conference call discussing its upcoming merger with Berry Global Group, Inc. Key topics included potential divestitures to strengthen Amcor's portfolio, with an emphasis on organic growth and margin quality. Amcor is conducting integration planning with Berry, focusing on synergies estimated at $650 million, primarily through procurement, SG&A, and operations improvements. The executives expressed growing confidence in achieving these synergies and managing cost efficiencies. They also noted the challenges faced by the healthcare division, particularly with pharmaceutical destocking, but anticipate a return to growth. Detailed plans for integrating the two companies’ cultures and operations are underway, aiming for seamless execution post-merger.
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Additional details:
Subject Company: Berry Global Group, Inc.
Commission File No: 333-284248
Synergy Estimate: $650 million
Procurement Synergy: $325 million
Healthcare Business Size: $3 billion
Destocking Status: completed
Form Type: 425
Filing Date: 2025-02-04
Corporate Action: Merger
Type: Update
Accession Number: 000110465925008860
Filing Summary: Amcor plc provided an update on its proposed merger with Berry Global Group, Inc. during the earnings release conference call held on February 4, 2025. The company emphasized its focus on three main priorities: maintaining business operations, completing the merger, and preparing for post-merger integration. The earnings results for Q2 FY25 were reported as solid, with a return to sales growth and improved margins. Amcor reiterated its confidence in the merger's potential to drive sustainable growth, enhance earnings, and create significant cost synergies. Progress has been made towards completing regulatory approvals and finalizing the Board of Directors' composition. The expected timeline for closing the transaction is around mid-2025.
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Additional details:
Subject Company: Berry Global Group, Inc.
Commission File No: 333-284248
Merger Cost Synergies: $650 million
Expected Synergies First Year: $260 million
Annual Cash Flow Estimate: $3 billion
Shareholder Meeting Date: 2025-02-25
Regulatory Approvals Status: initial approvals received
Form Type: 425
Filing Date: 2025-01-23
Corporate Action: Merger
Type: New
Accession Number: 000110465925005630
Filing Summary: On January 23, 2025, Amcor plc and Berry Global Group, Inc. issued a joint press release announcing the filing of their definitive joint proxy statement with the SEC. The press release disclosed that both companies plan to hold shareholder meetings on February 25, 2025, to discuss the proposed merger. The registration statement on Form S-4, filed earlier, was declared effective by the SEC on the same day, allowing Amcor and Berry to begin mailing the proxy statement to shareholders. The communication emphasizes that the document does not constitute an offer to sell or solicit votes regarding any securities until proper prospectus conditions are met, cautioning shareholders to review all relevant filings carefully. Information about directors and executive officers of both companies will be available in the filed proxy materials, and potential risks associated with the merger are delineated, noting that actual results may differ from projections due to various uncertainties.
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Additional details:
Date Of Earliest Event Reported: 2025-01-23
Shareholder Meeting Date: 2025-02-25
Registration Statement Filed Date: 2025-01-13
Registration Statement Amended Date: 2025-01-21
Exhibit Index: [{"exhibit_no":"99.1","description":"Joint Press Release"},{"exhibit_no":"104","description":"Cover Page Interactive Data File"}]
Form Type: 425
Filing Date: 2025-01-23
Corporate Action: Merger
Type: Update
Accession Number: 000110465925005655
Filing Summary: Amcor plc announced its proposed merger with Berry Global Group, Inc. on January 23, 2025. An internal communication from Kirby Losch to all Amcor employees provided updates on the integration planning activities, highlighting the gathering of over 50 colleagues from both organizations to ensure effective collaboration. Key milestones include ongoing regulatory reviews and a shareholder meeting scheduled for February 25, 2025. Although integration planning is underway, both companies will continue operating independently until the merger is officially completed. A SharePoint site has been established for employees to access the latest information as preparations for the combination progress. The communication included a cautionary note regarding forward-looking statements associated with the transaction, emphasizing the risks involved, such as the potential for changes in business performance and regulatory requirements that could impact the merger process.
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Additional details:
Subject Company: Berry Global Group, Inc.
Registration Statement Filed Date: 2025-01-13
Effective Date: 2025-01-23
Shareholder Meeting Date: 2025-02-25
Projected Combination Completion: midyear 2025
Integration Activities Location: ["Miami","Deerfield"]
Form Type: 425
Filing Date: 2025-01-23
Corporate Action: Merger
Type: New
Accession Number: 000110465925005656
Filing Summary: Amcor plc and Berry Global Group, Inc. are advancing toward a merger, as reflected in the registration statement on Form S-4 filed on January 13, 2025. The SEC declared the registration statement effective on January 23, 2025, enabling Amcor and Berry to commence mailing their definitive joint proxy statement/prospectus to shareholders. Important reminders are outlined for employees, urging them to avoid public discussions about the merger and to conduct day-to-day business as usual until the transaction's completion. There is a cautionary note emphasizing the forward-looking nature of statements made regarding the merger and its anticipated benefits, warning investors about potential risks and uncertainties that could affect the completion and success of the merger.
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Additional details:
Subject Company: Berry Global Group, Inc.
Registration Statement Date: 2025-01-13
Sec Effective Date: 2025-01-23
Joint Proxy Statement Date: 2025-01-23
Participants Information: Amcor and Berry's directors and executive officers may be considered participants in the solicitation of proxies for the proposed transaction.
Investor Communications: Investors are urged to read the definitive joint proxy statement/prospectus and other SEC documents carefully as they contain important information.
Form Type: 425
Filing Date: 2025-01-23
Corporate Action: Merger
Type: New
Accession Number: 000110465925005657
Filing Summary: Amcor plc filed a communication regarding a proposed merger with Berry Global Group, Inc. This reference follows the registration statement on Form S-4, declared effective by the SEC on January 23, 2025, which included a joint proxy statement/prospectus for shareholders of both companies. The document highlights the strategic fit of the merger, emphasizing the expanded capabilities and product offerings that will result from the combination of Amcor’s and Berry’s businesses. Amcor's strengths in global flexibles and containers will complement Berry's expertise, enhancing their market presence. The summary outlines the companies’ shared commitment to sustainability and innovation, as well as the importance of driving a circular economy. Additionally, it urges investors to read the proposed transaction documents thoroughly, which contain crucial information regarding the merger process and future expectations of both companies.
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Additional details:
Subject Company: Berry Global Group, Inc.
Commission File No: 333-284248
Form Type: 425
Filing Date: 2025-01-23
Corporate Action: Merger
Type: New
Accession Number: 000110465925005677
Filing Summary: Amcor plc is involved in a proposed merger with Berry Global Group, Inc., as communicated through social media on January 23, 2025. This communication does not constitute an offer or solicitation of securities and should be read in conjunction with the definitive joint proxy statement/prospectus filed with the SEC. The merger will be governed by a registration statement on Form S-4, which was declared effective on the same date. Important cautionary statements are made regarding forward-looking statements related to the merger, including potential risks and uncertainties that could affect the transaction's outcome and anticipated benefits. Investors and security holders are urged to read related documents for important information concerning Amcor and Berry.
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Additional details:
Subject Company: Berry Global Group, Inc.
Commission File No: 333-284248
Registration Statement Date: 2025-01-13
Effective Date: 2025-01-23
Mailing Date: 2025-01-23
Form Type: 8-K
Filing Date: 2025-01-23
Corporate Action: Merger
Type: New
Accession Number: 000110465925005627
Filing Summary: On January 23, 2025, Amcor plc and Berry Global Group, Inc. announced the filing of their definitive joint proxy statement with the SEC. This filing pertains to a proposed merger between the two companies, and both companies will hold shareholder meetings on February 25, 2025, to discuss the proposal. The filing also mentions that a registration statement on Form S-4, containing the joint proxy statement and prospectus for the merger, was declared effective by the SEC on the same date and that both companies began mailing this document to their respective shareholders. Relevant participants in the proxy solicitation process have been identified, and important forward-looking statements regarding the merger's anticipated benefits and associated risks have been disclosed.
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Additional details:
Registration Statement File Number: 001-38932
Address Of Principal Executive Offices: 83 Tower Road North, Warmley, Bristol, United Kingdom BS30 8XP
Merger Shareholder Meeting Date: 2025-02-25
Exhibit Description: Joint Press Release, dated January 23, 2025.
Form Type: S-4/A
Filing Date: 2025-01-21
Corporate Action: Merger
Type: Update
Accession Number: 000110465925004903
Filing Summary: Amcor plc has entered into a Merger Agreement with Berry Global Group, Inc., set to take place following approval from shareholders. The proposed merger will have Berry merge with a subsidiary of Amcor, with Berry becoming a wholly-owned subsidiary of Amcor. Berry's stockholders will receive Amcor Ordinary Shares in exchange for their common stock, with an Exchange Ratio of 7.25 shares of Amcor for each share of Berry. The arrangements also entail the continuation of trading for Amcor's shares and depositary interests post-merger, while Berry's shares will cease trading. Both companies will hold extraordinary meetings on February 25, 2025, to solicit shareholder votes on related proposals. Approval from a majority of votes cast at these meetings is necessary for the merger's consummation. Specifics on shareholder voting and the importance of participation are highlighted, emphasizing the time-sensitive nature of proxy submissions and the implications of the merger for both companies.
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Additional details:
Company Name: Amcor plc
Merger Subsidiary: Aurora Spirit, Inc.
Target Company: Berry Global Group, Inc.
Exchange Ratio: 7.25
Shareholder Meeting Date: 2025-02-25
Meeting Time: 4:00 p.m. EST
Record Date: 2025-01-17
Form Type: 425
Filing Date: 2025-01-13
Corporate Action: Merger
Type: New
Accession Number: 000110465925003077
Filing Summary: On January 13, 2025, Amcor plc and Berry Global Group, Inc. filed a preliminary joint proxy statement/prospectus regarding their proposed merger, which was initially announced on November 19, 2024. The filing includes unaudited pro forma combined financial information prepared in accordance with U.S. GAAP, alongside non-GAAP metrics that reflect management's evaluation of business performance. The document details important adjustments made for preliminary management estimates, anticipated synergies, transaction costs, refinancing costs, and other adjustments related to the merger. It outlines potential risks that could affect the merger completion such as regulatory approvals, integration challenges, and possible delays in realizing the projected benefits. Key financial metrics are presented to aid shareholders in comparing historical performance. Furthermore, the filing stresses that this communication does not constitute a formal offer or solicitation for securities, and shareholders are advised to await further documents post SEC approval of the registration statement.
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Additional details:
Subject Company: Berry Global Group, Inc.
Commission File No: 333-284248
Registration Statement Form: S-4
Original Announcement Date: 2024-11-19
Financial Year Ended: 2024-06-30
Anticipated Synergies: yes
Preliminary Proxy Statement: yes
No Offer Solicitation: true
Form Type: S-4
Filing Date: 2025-01-13
Corporate Action: Merger
Type: New
Accession Number: 000110465925003032
Filing Summary: On November 19, 2024, Amcor plc entered into a Merger Agreement with Berry Global Group, Inc. and its subsidiary, Aurora Spirit, Inc. Merger Sub will merge with Berry, with Berry becoming a wholly-owned subsidiary of Amcor. Each share of Berry Common Stock will be converted into 7.25 shares of Amcor Ordinary Shares, along with cash for any fractional shares. Expected ownership post-merger is 63% for Amcor shareholders and 37% for Berry stockholders. Shareholders are urged to vote on the Amcor Share Issuance Proposal and the Berry Merger Proposal during their respective meetings. Significant details about the merger and voting procedures are highlighted, emphasizing the necessity of approval for completion. The document also discusses the implications for stock listings and what steps shareholders must take to participate in the voting process.
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Additional details:
Business Address: 83 Tower Road North Warmley, Bristol BS30 8XP United Kingdom
Contact Name: Deborah Rasin
Contact Phone: +44 117 9753200
Exchange: NYSE
Amcor Symbol: AMCR
Berry Symbol: BERY
Australian Exchange: ASX
Amcor Cdi Symbol: AMC
Merger Exchange Ratio: 7.25
Market Value Berry: $73.59
Record Date: 2025-01-12
Form Type: 425
Filing Date: 2025-01-10
Corporate Action: Merger
Type: New
Accession Number: 000110465925002137
Filing Summary: Amcor plc and Berry Global Group, Inc. announced their intent to merge, creating a leader in flexible packaging and containers. This combination is aimed at improving scale, innovation capabilities, and customer service through strengthened supply chain resilience and sustainable solutions. Both companies are currently focused on integration efforts while operating independently until the deal closes. They have plans to file relevant materials, including a joint proxy statement/prospectus with the SEC, outlining the proposed transaction and its significance for stakeholders. Investors are encouraged to review future SEC filings for comprehensive information on this merger.
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Additional details:
Subject Company: Berry Global Group, Inc.
Commission File No: 001-35672
Email Date: 2025-01-08
Transaction Type: merger
Integration Teams Focus: seamless account coverage, consistent service and quality, clear communication, new opportunities for growth
Cautionary Statement: Forward-looking statements regarding anticipated benefits, potential risks, and uncertainties surrounding the merger.
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