Bemis Sees $215 Mln in Asset Sales To Clear Justice Department Antitrust Hurdles

Bemis Company (BMS), a plastic-packaging manufacturer attempting to complete a merger with Amcor, on Monday said Amcor plans to shed $215 million in assets to satisfy Department of Justice antitrust concerns. Amcor has agreed to sell plants in Massachusetts and Wisconsin for $215 million to privately held Techni-Plex. The combined sales revenue from the assets is about $100 million a […]