Amcor Ltd Announces Demerger Of Amcor Australasia And Packaging Distribution Business


Wednesday, 31 Jul 2013 10:12pm EDT 

Amcor Ltd announced the intention to demerge its Australasia and Packaging Distribution (AAPD) business. Amcor Directors are of the view that the demerger will enhance shareholder value by enabling each company to better pursue their own growth agendas and strategic priorities. Following the demerger, each company will have its own experienced management team and Board. The demerger is intended to be implemented via a capital reduction and Scheme of Arrangement. 

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