subscribe to our newsletter sign up
Corrs packages up listing

Corrs packages up listing

Amcor has proposed to list its packaging and global distribution business on the Australian Securities Exchange (ASX).

Firms: Corrs Chambers Westgarth (Amcor)

Deal: Amcor’s proposal to spin off its Australian and New Zealand packaging arm and global distribution business and list it on the ASX

Area: Equity capital markets

Value: $2 billion (Amcor’s total market capitalisation is about $13 billion)

Key players: Corrs partners Braddon Jolley (pictured) and Andrew Lumsden were the firm’s principal lawyers on this deal

Deal significance: Amcor’s proposal to spin off its Australian and New Zealand packaging arm and global distribution business, listing it on the ASX, is expected to be valued at about $2 billion. Amcor’s total market capitalisation is about $13 billion.

Promoted content
Recommended by Spike Native Network