Regulatory Approval
15 December 2009 - 6:00PM
UK Regulatory
TIDM81BK TIDMRIO
RNS Number : 1082E
Amcor Limited
14 December 2009
15 December 2009
EUROPEAN COMMISSION APPROVAL
Amcor announces today that it has received European Commission approval to
proceed with the acquisition of the European businesses of Alcan Packaging that
Amcor is purchasing from Rio Tinto Plc.
A condition of this approval is Amcor agreeing to divest its Tobepal operation
comprising two plants that have combined sales of approximately EUR110 million
and produce a range of pharmaceutical, personal care and food packaging
products. The plants are located in Spain and are part of the Amcor Flexibles
operations.
The divestment undertaking was required to meet the European Commissions'
concern relating to pharmaceutical sachet and aluminium cold-form foil products.
The transaction remains subject to regulatory approval in the United States and
consultation with the European Works Council.
ENDS
For full details visit out website www.amcor.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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