August 18: Global packaging manufacturer Amcor has offered more than US$2 billion to buy most of the remaining Alcan Packaging businesses from mining group Rio Tinto.

Amcor chief executive Ken MacKenzie (right) said he was committed to making the Melbourne, Australia-based company “a leader in the global packaging industry”.

The offer follows an agreement by London-based Rio Tinto to sell Alcan Packaging Food Americas to Bemis for $1.2 billion. Alcan’s remaining beauty packaging division will be divested separately.

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