May 30, 2019 / 9:45 PM / a year ago

Amcor will have to divest some assets to acquire Bemis: U.S. DOJ

WASHINGTON (Reuters) - Amcor Ltd must divest three manufacturing facilities and other assets in order to acquire Bemis Co, the U.S. Justice Department said on Thursday.

Without the divestiture, the proposed acquisition would eliminate competition between two of only three significant suppliers of three medical packaging products that are critical to the safe transportation and use of medical devices, the department said in a statement.

Reporting by Eric Beech; Editing by Tim Ahmann

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