Hold Rating on Berry Global Group Amid Strategic Merger with …

Nov 21, 2024 · Edlain Rodriguez, an analyst from Mizuho Securities, maintained the Hold rating on Berry Global Group (BERY – Research Report). The associated price target is $72.00. …

CouponFollow Extension

$72.00
OFF

Hold Rating On Berry Global Group Amid Strategic Merger With …

1 day from now

Nov 21, 2024 · Edlain Rodriguez, an analyst from Mizuho Securities, maintained the Hold rating on Berry Global Group (BERY – Research Report). The associated price target is $72.00. …

businessinsider.com

$70.00
OFF

Berry Global Shares Target Upgraded On AMCR Merger Plans

1 day from now

Nov 21, 2024 · Baird increased its price target on shares of Berry Global Group to $70.00, up from the previous $65.00, while maintaining a Neutral rating on the stock. For fiscal 2025, …

investing.com

$8
OFF

Amcor Buys Consumer Packaging Rival Berry Global In $8.4 Billion …

1 day from now

Nov 19, 2024 · Amcor has reached a deal to acquire rival packaging company Berry Global Group in an $8.4 billion all-stock transaction. ... The merger values Berry’s stock at $73.59 per share, …

investopedia.com

37%
OFF

Berry Global Set To Be Acquired By Amcor In An All-Stock Deal

1 day from now

Nov 21, 2024 · Per the deal, Berry Global’s shareholders will receive 7.25 Amcor shares for each BERY share held upon closing. BERY will hold approximately 37% of the combined company, …

zacks.com

$8
OFF

Amcor To Buy Berry Global In $8.4 Billion Deal To Create Packaging ...

1 day from now

Nov 19, 2024 · Switzerland-based Amcor Plc , on Tuesday agreed to buy U.S. peer Berry Global for $8.43 billion in an all-stock deal, creating a consumer and healthcare packaging giant with …

reuters.com

63%
OFF

Packaging Firms Amcor And Berry Global Announce $8.4bn Merger

1 day from now

Nov 20, 2024 · Amcor and Berry Global Group have entered a definitive merger agreement to create a consumer packaging solutions entity. PG. ... Amcor will hold approximately 63% of …

packaging-gateway.com

$8
OFF

Amcor, Berry Global Group To Merge Under All-Stock Transaction

1 day from now

Nov 19, 2024 · Amcor plc entered into a definitive merger agreement to acquire Berry Global Group, Inc. for approximately $8.5 billion. 2024-11-18: CI Amcor and Power Roll Limited to …

marketscreener.com

5%
OFF

Amcor Acquires Berry Global: Unlocking A 5.5% Safe Trade | Invezz

1 day from now

2 days ago · Berry-Amcor merger offers 5.5% upside, $76 target, J.P. Morgan says. $650M synergies projected; Berry to own 37% combined company. Q4 earnings beat estimates; …

invezz.com

$8.43
OFF

Amcor To Acquire Berry Global Group In $8.43 Billion All-Stock Deal

1 day from now

1 day ago · November 19, 2024 – In a landmark development poised to redefine the global packaging industry, Amcor plc has entered into an agreement to acquire Berry Global Group, …

credenceresearch.com

FAQs about Hold Rating on Berry Global Group Amid Strategic Merger with … Coupon?

Will Amcor & Berry Global merge?

Amcor (AMCR) and Berry Global (BERY) announced they have entered into a definitive merger agreement, pursuant to which Amcor and Berry will combine in an all-stock transaction. ...

Will Berry Global shareholders accept Amcor's $84 billion all-stock deal?

Berry Global (NYSE: BERY) shareholders will likely accept Amcor's (AMCR) $8.4 billion all-stock deal to combine the two packaging companies, even as the 10% premium may be viewed as low, according to a Barclays analyst. ...

Is Berry Global Group merging?

In addition to the management team at Berry Global Group announcing financial results for the finalquarter of the 2024 fiscal year and providing guidance for 2025, the two enterprises also announced that they would be merging in an all-stock deal. In many cases, transactions like this are pretty simple to understand. ...

Will Berry Global Group merge with AMCR?

Berry Global Group has entered into an agreement to merge with AMCR, and under the terms of this deal, Berry’s shareholders will receive shares of AMCR in exchange. The anticipated closure of this merger by mid-2025 and the current trading conditions have influenced the valuation of Berry’s shares. ...

Is Berry Global Group a good company?

The confidence in Berry Global Group’s performance is supported by strong management engagement, as evidenced by the participation of BERY’s CEO and CFO in the Citi Basic Materials Conference, which suggests an active approach to stakeholder communication and strategic planning. ...

Why has Anthony Pettinari rated Berry Global Group a hold?

Anthony Pettinari has given his Hold rating due to a combination of factors surrounding Berry Global Group’s current market position and future prospects. Berry Global Group has entered into an agreement to merge with AMCR, and under the terms of this deal, Berry’s shareholders will receive shares of AMCR in exchange. ...