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Announced

Completed

HS Investments completed the acquisition of three Russian factories of Amcor for €370m.

Synopsis

HS Investments, a Russian investor, completed the acquisition of three Russian factories of Amcor, a developer of packaging solutions, for €370m ($393m). Cash proceeds are expected to be used primarily for debt repayment and share repurchases. The transaction is not expected to have a material impact on the outlook for fiscal 2023.

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