Summary British Polythene Ltd - Company Profile and SWOT Analysis, is a source of comprehensive company data and information. The report covers the company's structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360˚ view of the company. Key Highlights British Polythene Ltd (BPL) is a company engaged in the development and supply of multi-packing solutions for the beverage industry. The company's main activities include designing and manufacturi...
Summary Marketline's Sealed Air Corporation Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments report includes business description, detailed reports on mergers and acquisitions (M&A), divestments, capital raisings, venture capital investments, ownership and partnership transactions undertaken by Sealed Air Corporation - Mergers & Acquisitions (M&A), Partnerships & Alliances since January2007. Marketline's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and I...
Summary Envases Europe AS - Company Profile and SWOT Analysis, is a source of comprehensive company data and information. The report covers the company's structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360˚ view of the company. Key Highlights Envases Europe AS (Envases Europe), a subsidiary of Envases Group, is a provider of diversified packaging solutions. The company offers metal packaging solutions for meat, seafood, biscuits, cookies a...
Summary Sealed Air Corp - Company Profile and SWOT Analysis, is a source of comprehensive company data and information. The report covers the company's structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360˚ view of the company. Key Highlights Sealed Air Corp (SEE) is a provider of packaging solutions. The company offers films, trays, packaging equipment systems and easy-open packaging solutions that preserve food, protect goods, and automate...
The independent financial analyst theScreener just lowered the general evaluation of AMCOR CDI (AU), active in the Containers & Packaging industry. As regards its fundamental valuation, the title still shows 1 out of 4 possible stars. Its market behaviour, however, has slightly deteriorated and will be qualified as moderately risky moving forward. theScreener considers that these new qualifications justify an overall rating downgrade to Neutral. As of the analysis date March 8, 2022, the closing...
Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
With anti-trust clearance now provided by the U.S. Department of Justice, or DOJ, the final obstacle in the tie-up of narrow-moat Amcor and narrow-moat Bemis has been eliminated. Amcor’s proposed remedy to U.S. anti-trust issues--the sale of certain U.S. Amcor assets--was sufficient to assuage DOJ concerns while not impacting the expected USD 180 million in deal synergies. Our valuation is unchanged at AUD 14.60 per share but Amcor continues to screen as expensive, trading at an approximate 1...
The Amcor-Bemis tie-up creates a global plastic packaging giant. With all the final regulatory clearance now provided by the U.S. Department of Justice, the deal is set to complete in early June. early June. With 70% of Bemis’ USD 4 billion in annual sales generated in North America, the deal beefs up Amcor’s underweight position in the North American flexibles market. While estimated synergy realisation of USD 126 million adds AUD 1.14 per share of value for Amcor shareholders, shares curre...
With anti-trust clearance now provided by the U.S. Department of Justice, or DOJ, the final obstacle in the tie-up of narrow-moat Amcor and narrow-moat Bemis has been eliminated. Amcor’s proposed remedy to U.S. anti-trust issues--the sale of certain U.S. Amcor assets--was sufficient to assuage DOJ concerns while not impacting the expected USD 180 million in deal synergies. Our valuation is unchanged at AUD 14.60 per share but Amcor continues to screen as expensive, trading at an approximate ...
With anti-trust clearance now provided by the U.S. Department of Justice, or DOJ, the final obstacle in the tie-up of narrow-moat Amcor and narrow-moat Bemis has been eliminated. Amcor’s proposed remedy to U.S. anti-trust issues--the sale of certain U.S. Amcor assets--was sufficient to assuage DOJ concerns while not impacting the expected USD 180 million in deal synergies. Our valuation is unchanged at AUD 14.60 per share but Amcor continues to screen as expensive, trading at an approximate ...
We recommend that shareholders of narrow-moat Amcor vote in favour of the scheme of arrangement to effect its combination with narrow-moat Bemis Co. The scheme will create a new holding company, Amcor plc, or New Amcor, which will be used to combine the two companies. Both Amcor and Bemis shareholders will vote on May 2, 2019 to bring the two companies together. We continue to see the merits of the combination, outlined in our note dated Aug. 7, 2018, and expect both sides to approve the deal. W...
We recommend that shareholders of narrow-moat Amcor vote in favour of the scheme of arrangement to effect its combination with narrow-moat Bemis Co. The scheme will create a new holding company, Amcor plc, or New Amcor, which will be used to combine the two companies. Both Amcor and Bemis shareholders will vote on May 2, 2019 to bring the two companies together. We continue to see the merits of the combination, outlined in our note dated Aug. 7, 2018, and expect both sides to approve the deal. W...
We recommend that shareholders of narrow-moat Amcor vote in favour of the scheme of arrangement to effect its combination with narrow-moat Bemis Co. The scheme will create a new holding company, Amcor plc, or New Amcor, which will be used to combine the two companies. Both Amcor and Bemis shareholders will vote on May 2, 2019 to bring the two companies together. We continue to see the merits of the combination, outlined in our note dated Aug. 7, 2018, and expect both sides to approve the deal. W...
Weak flexibles volumes in developed markets led to a softer first-half result for narrow-moat Amcor than we’d anticipated. Amcor’s constant currency sales were accordingly soft at 4.3% in the first half. Resurgent volumes in the rigid segment were pleasing, however, and provided some offset. We’ve moderated our full-year flexibles volume expectations and now expect full-year fiscal 2019 top-line growth of 5.8% to USD 9,861 million, down from prior expected growth of 6.2%. Nonetheless, with...
Amcor’s offer for Bemis will further cement its position as a global plastics giant. With 70% of Bemis’ USD 4 billion in annual sales generated in North America, the deal will beef up Amcor’s underweight position in the North American flexibles market. With synergy realisation estimated at USD 126 million, the deal adds AUD 1.14 per share of value for Amcor shareholders.
Weak flexibles volumes in developed markets led to a softer first-half result for narrow-moat Amcor than we’d anticipated. Amcor’s constant currency sales were accordingly soft at 4.3% in the first half. Resurgent volumes in the rigid segment were pleasing, however, and provided some offset. We’ve moderated our full-year flexibles volume expectations and now expect full-year fiscal 2019 top-line growth of 5.8% to USD 9,861 million, down from prior expected growth of 6.2%. Nonetheless, with...
Concerns of oversupply in oil markets have markedly sent down oil futures and our near-term oil price forecast in recent months. Lower resin costs for narrow-moat Amcor and narrow-moat Pact Group are therefore anticipated over the coming five years. However, contractual arrangements with customers, where resin price volatility is passed-through, means that revenue will also contract over the same period. While we revise our near-term top-line forecasts lower for Amcor and Pact Group, earnings an...
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