Amcor to Sell Interest in BCNA Joint Venture for $122 Million
Amcor(AMCR) Prnewswire·2024-11-01 04:05
Sale not expected to impact FY25 financial outlookProceeds to be used to reduce debtZURICH, Oct. 31, 2024 /PRNewswire/ -- Amcor (NYSE: AMCR, ASX: AMC), a global leader in developing and producing responsible packaging solutions, announced today it has entered into an agreement to sell its 50% interest in Bericap North America (BCNA) for $122 million. Established in 1997, BCNA is a 50/50 joint venture between Amcor Rigid Packaging and Germany-based Bericap that manufactures closures for beverage, food and in ...