Second quarter trading results for Pro-Pac Group were below its expectations, with the company citing challenges coming from market conditions, and exchange rate movements.
The proposed $143m takeover of zero-waste recycler Close the Loop by private equity group Adamantem Capital has been terminated, with parties unable to reach alignment on commercial terms.
Amcor and Berry Global have hit an important milestone towards the completion of their previously announced all-stock transaction, with the filing of a definitive joint proxy statement with the US SEC.
