HAWTHORN, Victoria, Australia—Amcor has offered to acquire parts of Alcan Packaging for US $2,025 million from Rio Tinto. The Alcan Packaging businesses which Amcor has agreed to acquire include: Alcan Packaging Global Pharmaceuticals, Alcan Packaging Food Europe, Alcan Packaging Food Asia, and Alcan Packaging Global Tobacco.
NEENAH, Wis.—Bemis Company, Inc. has signed a definitive agreement to acquire the Food Americas operations of Alcan Packaging, a business unit of international mining group Rio Tinto plc for $1.2 billion. Under terms of the agreement, Bemis will acquire 23 Food Americas flexible packaging facilities in the U.S., Canada, Mexico, Brazil, Argentina, and New Zealand.
Corn Products International, Inc. announced that its board of directors has appointed Ilene Gordon chairman, president and chief executive officer, effective May 4, succeeding Samuel C. Scott III who, consistent with Company policy that senior executives step down by age 65, is retiring.
