Amcor to acquire Bemis for $5.26 Billion

Amcor agreed to acquire rival Bemis in a deal valued at $5.26 billion.

Bemis shareholders will receive the equivalent of $57.75 a share in Amcor stock, according to a statement Monday. The offer represents a premium of 25 percent over Bemis’s closing price on Aug. 2, the day before news reports of an impending deal sent shares surging. The companies valued the transaction at $6.8 billion, including the assumption of debt.