Posted in | Business | Packaging

Bemis to Terminate Sale of Pressure Sensitive Materials Buisiness

In an announcement made today, Bemis have decided to terminate their $420million sale of their Pressure Sensitive Materials business to UPM-Kymmene, after the Department of Justice filed a complaint and got an injunction to block the sale.

Neither company plan to challenge the decision and pursue the purchase that was originally agreed to back in August 2002.

For more information on packaging, click here.

Citations

Please use one of the following formats to cite this article in your essay, paper or report:

  • APA

    Bemis. (2019, March 19). Bemis to Terminate Sale of Pressure Sensitive Materials Buisiness. AZoM. Retrieved on July 11, 2020 from https://www.azom.com/news.aspx?newsID=732.

  • MLA

    Bemis. "Bemis to Terminate Sale of Pressure Sensitive Materials Buisiness". AZoM. 11 July 2020. <https://www.azom.com/news.aspx?newsID=732>.

  • Chicago

    Bemis. "Bemis to Terminate Sale of Pressure Sensitive Materials Buisiness". AZoM. https://www.azom.com/news.aspx?newsID=732. (accessed July 11, 2020).

  • Harvard

    Bemis. 2019. Bemis to Terminate Sale of Pressure Sensitive Materials Buisiness. AZoM, viewed 11 July 2020, https://www.azom.com/news.aspx?newsID=732.

Tell Us What You Think

Do you have a review, update or anything you would like to add to this news story?

Leave your feedback
Submit