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Amcor raises A$350m in retail share offer
Australian packaging group Amcor Ltd has raised A$407m in a retail share offer to part-fund the purchase of some Rio Tinto Ltd packaging assets, according to the company.
The new shares were sold at A$4.30 each. Amcor has raised a total of A$1.61bn in equity in retail and institutional share offers to fund the acquisition.
Source: Reuters
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