September 7, 2017 / 8:05 PM / 3 months ago

Amcor considering potential takeover of rival Bemis Co - Bbg

Sept 7 (Reuters) - Packaging company Amcor Ltd is considering a takeover of rival Bemis Co, Bloomberg reported on Thursday, citing people familiar with the matter.

Amcor is working with advisers to explore a bid for Bemis, which has a market valuation of about $4.3 billion, the report said.

Amcor and Bemis were not immediately available to comment. (Reporting by Roopal Verma in Bengaluru; Editing by Arun Koyyur)

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