We view Amcor’s AMC proposed merger with Berry, a plastic packaging manufacturer, as value-neutral and maintain our fair value estimate of $17.80 per share. We expect the transaction to go ahead and ...
In commodity markets, Brent crude oil was up 1.9% to US$74.22 a barrel, while gold was up 0.7% to US$2,670.0665.11. The Australian dollar was at 65.11 US cents, up from its previous close of 65.04.