SYDNEY, Nov 26 (Reuters) - The European Commission may require Australian packaging group Amcor Ltd to divest one packaging plant in return for approval of its $2 billion acquisition of Alcan assets, Amcor said on Thursday.
In August, Amcor agreed to buy the Alcan packaging assets from miner Rio Tinto, turning it into a leading global player in key packaging markets.
Amcor said the possible divestment accounted for sales revenue of less than $100 million.
For an earlier story, click on
For the Amcor statement, http://pdf.reuters.com/asxnews/asxnews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:20091126:ASX_3A328798
(Reporting by Mark Bendeich; Editing by Jonathan Standing) (If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com) Keywords: AMCOR/ (mark.bendeich@thomsonreuters.com; +612 93731817; mark.bendeich.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
In August, Amcor agreed to buy the Alcan packaging assets from miner Rio Tinto, turning it into a leading global player in key packaging markets.
Amcor said the possible divestment accounted for sales revenue of less than $100 million.
For an earlier story, click on
For the Amcor statement, http://pdf.reuters.com/asxnews/asxnews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:20091126:ASX_3A328798
(Reporting by Mark Bendeich; Editing by Jonathan Standing) (If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com) Keywords: AMCOR/ (mark.bendeich@thomsonreuters.com; +612 93731817; mark.bendeich.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.