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    News and Articles on Amcor Ltd. (AMFI)


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    Strong Demand for Rio Rights  Jul 2, 2009
    By Denny Thomas July 2, 2009. SYDNEY (Reuters) - Rio Tinto Ltd sold virtually all of the UK part of its $15. (ABC News -- Wire)

    Rio Rises to 5-Month High After Bemis Enters Talks to Buy Packaging Unit  Apr 30, 2009
    U.S.-based Bemis joins Australias Amcor Ltd. in considering the purchase of the Alcan packaging business. If there are other groups looking to go into that bidding process there is potential Rio could get a better price for it, , head dealer at Shaw Stockbroking Ltd., said in Sydney. (Bloomberg -- Australia & New Zealand)

    Amcor keen to make acquisitions  Feb 17, 2009
    45 pm, Tuesday February 17 2009. 17:48 AEST Tue Feb 17 2009. (Ninemsn)

    BHP Billiton May Buy Mines, Plants From Distressed Rivals, Kloppers Says  Feb 7, 2009
    Rio rejected a $66 billion takeover offer from BHP last year and is in talks with parties including Aluminum Corp. of China and Amcor Ltd. on asset sales as it seeks to reduce debt. Companies in several parts of the market are coming under financial stress and will need to sell assets to meet short-term needs, Kloppers said. (Bloomberg -- Australia & New Zealand)

    Amcor eyeing Alcan Packaging  Feb 7, 2009
    NEW YORK Rio Tinto PLC shares jumped 11 per cent on Friday after Australia's Amcor Ltd. confirmed it may be interested in buying some of the Alcan Packaging business. Rio's shares rose $12. (Globe and Mail)

    BHP, Rio Credit Default Risk Increase Excessive, National Australia Says  Dec 4, 2007
    Bush said investors should find ``attractive value'' by selling credit-default swaps on BHP and Rio and buying default protection on non-mining Australian companies including Foster's Group Ltd., Amcor Ltd. and CSR Ltd.. These corporates all look to be priced far too tight given the challenges posed by a high Australian dollar,'' Bush said. (Bloomberg -- Australia & New Zealand)

    New Zealand regulators pounce on Visy  Nov 23, 2007
    Welcome to The Sydney Morning Herald. November 23, 2007 - 3:48PM. (Sydney Morning Herald)

    S&P/ASX 200 Index Rises For First Time in Three Days; Westfield, Banks Up  Nov 6, 2007
    Westfield Group and Amcor Ltd. led U.S.-linked stocks higher after a report showed growth in U.S. service industries accelerated last month, boosting the prospects for increased earnings ... Amcor Ltd., the world's largest manufacturer of plastic soda-drink bottles, added 8 cents, or 1. (Bloomberg -- Australia & New Zealand)

    Aussie tycoon fined A$36m for price fixing  Nov 3, 2007
    Your browser does not support script. Saturday November 3, 2007. (The Star Online, Malaysia -- Business)

    ACCC urges jail for cartel activities  Nov 2, 2007
    Mr Samuel's comment comes just hours after billionaire Richard Pratt, and his Visy group of companies, were fined a record $36 million for a price-fixing deal with arch-rival Amcor Ltd.. "Australia must fall in line with other jurisdictions by imposing criminal sanctions that include jail terms for executives who engage in cartel activities," Mr Samuel said. (Sydney Morning Herald -- Business)

    Telstra, Amcor Bond Risk May Rise As Australian Default Swaps Outpace Asia  Oct 30, 2007
    Oct. 30 (Bloomberg) -- The risk of owning bonds sold by Telstra Corp. and Amcor Ltd. is set to rise after credit-default swaps on the Australian companies outperformed Asian counterparts, according to Lehman Brothers Holdings Inc.. Australian credit-default swaps have been the best performers compared with contracts tied to investment-grade companies in Asia outside Japan since the credit market sell-off in June, according to data compiled by Lehman. (Bloomberg -- Australia & New Zealand)

    Visy chief quits to spare Pratt  Oct 26, 2007
    Welcome to The Sydney Morning Herald. ONE OF the last architects left standing from a price-fixing cartel in Australia's $2 billion cardboard market, the Visy Industries chief executive, Harry Debney, fell on his sword yesterday. (Sydney Morning Herald -- Business)

    Visy boss Harry Debney resigns  Oct 25, 2007
    The resignation follows the decision by Mr Pratt and his Visy group of companies to admit to the price-fixing arrangement with their arch rival Amcor Ltd.. Mr Pratt and Visy now face a record $36 million penalty for the four-year cardboard cartel. (Sydney Morning Herald -- Business)

    Howard to keep Pratt's donations  Oct 17, 2007
    Howard to keep Pratt's donations - FederalElection2007 - theage. Howard to keep Pratt's donations. (The Age)

    Libs won't refund Pratt donations: PM  Oct 17, 2007
    The billionaire philanthropist and his Visy group of companies face a record $36 million fine in the federal court after admitting to price-fixing with rival Amcor Ltd.. Mr Pratt has made significant donations to both the federal Liberal Party and the Australian Labor Party. (The Age)

    Pratt apologises for conduct  Oct 16, 2007
    Billionaire Richard Pratt walks alone into the Federal Court hearing this morning. Latest related coverage. (The Age)

    Billionaire Dick Pratt Agrees to $32 Million Fine for Cardboard Box Cartel  Oct 16, 2007
    Pratt, the chairman of closely held Visy Industries, Chief Executive Officer Harry Debney and former General Manager Rod Carroll last week apologized and accepted responsibility for engaging in the cartel with Amcor Ltd. between 2000 and 2004 to set prices and not seek each others customers. The contravening conduct was entirely deliberate and carefully concealed,'' the Australian Competition and Consumer Commission said in its submission. (Bloomberg -- Australia & New Zealand)

    Carton king Pratt to front cartel case  Oct 15, 2007
    Billionaire Richard Pratt is expected to front the Federal Court himself for a penalty hearing over his Visy group of companies involvement in a price-fixing deal with rival Amcor Ltd.. A spokesman for Mr Pratt confirmed the carton king was preparing to appear in person at the Federal Court hearing in Melbourne on Tuesday. (Sydney Morning Herald -- Business)

    Amcor condemns anti-Semitic comments  Oct 11, 2007
    Welcome to The Sydney Morning Herald. October 11, 2007 - 1:34PM. (Sydney Morning Herald)

    Stocks close in agressive mood  Aug 31, 2007
    Welcome to Herald Sun. August 31, 2007 12:00am. (Melbourne Herald Sun)

    S&P/ASX 200 Index Drops on Lower U.S. Confidence; Banks, Westfield Decline  Aug 29, 2007
    Amcor Ltd. (AMC AU), Australia's biggest packaging company, added 33 cents, or 4. 7 percent, to A$7. (Bloomberg -- Australia & New Zealand)

    Amcor Shares Rise as Earnings Beat Analyst Estimates (Update3)  Aug 29, 2007
    Aug. 29 (Bloomberg) -- Amcor Ltd., Australia's biggest packaging company, bucked a share-market slide after announcing plans to buy back stock and second-half profit that beat analyst estimates. Amcor stock rose 4. (Bloomberg)

    Salesforce.com Dominates Australia's Software as a Service Market  Jul 17, 2007
    com signed its first 1,000 subscriber customer in the region and has secured major local enterprises including Amcor Limited, BlueScope Buildings, Challenger Financial Services, CGU, Fairfax Publishing, Flight Centre, IDP, Lend Lease, SKILLED Group Limited, and Smorgon Steel in the last twelve months. "Momentum and adoption of salesforce.com's on-demand model is reaching new heights in Australia as our customers realize the success that is possible through our vision of 'No Software'," said Marc... (PR Newswire)

    * World Business Quick Take  Jul 3, 2007
    Taipei Times - archives. Enter your search terms. (Taipei Times, Taiwan -- World)

    Amcor raises $676m from last asset sale  Jul 3, 2007
    Welcome to The Sydney Morning Herald. Ken MacKenzie heading east, where manufacturing is cheaper. (Sydney Morning Herald -- Business)

    Stocks Drop, Led by St.George, National Australia on U.S. Housing Concerns  Jul 2, 2007
    Amcor Ltd. (AMC AU), the world's largest plastic drink-bottle maker, added 6 cents, or 0. 8 percent, to A$7. (Bloomberg -- Australia & New Zealand)

    Amcor kicks off $98m European restructure  Apr 25, 2007
    Amcor Limited (AMC) announced it would cut staff at its European operation by about 900 out of a total workforce of 7600 people. The world's largest maker of plastic bottles said the move is part of a restructuring plan that aims to deliver a pretax earnings benefit of EUR30 million ($49 million) a year for an upfront cost of EUR60 million ($98 million). (egoli.com.au)

    Australian Stocks Rebound, Led by BHP, Westfield; Rebel Jumps  Mar 15, 2007
    Amcor Ltd., the world's largest maker of plastic soda-drink bottles, increased 14 cents, or 1. 9 percent, to A$7. (Bloomberg)



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