Archives for August 24, 2003

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Amcor expansion continues apace

Australian packaging group Amcor has entered into a A$330 million (€198m) agreement to buy Rexam's healthcare flexibles packaging business and will also buy out Danisco and Ahlstrom's 28.1 per cent minority stake in its Amcor Flexibles Europe business...

S-P cuts jobs to slash costs

Schering-Plough has lowered its financial forecasts for the second time and unveiled a fresh round of cost cutting in an attempt to stabilise its finances.