Amcor shareholders back A$1.6bn rights issue for Rio buy

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Amcor shareholders back A$1.6bn rights issue for Rio buy

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Amcor, the Australian packaging firm, completed the institutional portion of a A$1.6bn entitlement offer on Wednesday that partially funds its acquisition of packaging business assets from Rio Tinto. The group has also secured a loan to back the purchase. Read on for details of the financing.

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