Antitrust Cops Eye $1.2B Bemis-Rio Deal

Law360, New York (September 17, 2009, 5:41 PM EDT) -- Bemis Co. Inc. said Thursday that it had received a request for additional information from the U.S. Department of Justice related to an antitrust review of the Wisconsin-based packaging giant's proposed acquisition of Alcan Packaging Food Americas from Rio Tinto PLC.

“Bemis will continue to work cooperatively with the government and expects the transaction to close by the end of 2009," the company said Thursday of the proposed $1.2 billion acquisition, announced July 5.

Bemis says the acquisition will bolster its flexible packaging business while Rio...
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