Bemis Company Completes Dixie Toga Tender Offer
(Thomson Reuters ONE) -
NEENAH, WISCONSIN, July 8, 2011 - Bemis Company, Inc. (NYSE-BMS) today announced
that its wholly-owned Brazilian subsidiary, Dendron Participacoes Ltda., has
completed a tender offer for the purchase of approximately 38 million shares of
its Brazilian subsidiary, Dixie Toga S.A. With this purchase, Bemis has
increased its ownership from approximately 86 percent to over 99 percent of the
total issued and outstanding shares of Dixie Toga, S.A. The total cost of the
purchase was approximately US$90 million. Shares of Dixie Toga S.A. are traded
on the São Paulo Stock Exchange ("BM&F Bovespa S.A.").
ABOUT BEMIS COMPANY, INC.
Bemis Company is a major supplier of flexible packaging and pressure sensitive
materials used by leading food, consumer products, healthcare, and other
companies worldwide. Founded in 1858, the Company is included in the S&P 500
index of stocks and reported 2010 net sales of $4.8 billion. The Company's
flexible packaging business has a strong technical base in polymer chemistry,
film extrusion, coating and laminating, printing, and converting. Headquartered
in Neenah, Wisconsin, Bemis employs nearly 20,000 individuals worldwide. More
information about the Company is available at our website, www.bemis.com.
###
For additional information please contact:
Melanie E. R. Miller
Vice President, Investor Relations and Treasurer
(920)527-5045
Kristine Pavletich
Public Relations Specialist
(920)527-5159
Bemis Company, Inc.
One Neenah Center, 4th Floor
P.O. Box 669
Neenah, Wisconsin 54957-0669
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Bemis Company Inc via Thomson Reuters ONE
[HUG#1529780]
Unternehmensinformation / Kurzprofil:
Datum: 08.07.2011 - 22:03 Uhr
Sprache: Deutsch
News-ID 56269
Anzahl Zeichen: 2337
contact information:
Town:
Neenah, Wisconsin
Kategorie:
Business News
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