U.S. shutdown stalls Bemis takeover

NEENAH, Wis. — Australian packaging maker Amcor’s acquisition of Bemis is not expected to close until Q2, a delay resulting from the U.S. federal government’s partial shutdown. The ensuing disruption of the Securities and Exchange Commission has prevented it from completing the requisite documentation review and antitrust approval. The $6.8 billion, all-stock transaction was originally slated for completion in the first quarter.