0032 GMT - Amcor appears to be examining potential asset sales as it integrates Berry, prompting Macquarie to assess what that might involve. It thinks Amcor could look within its Rigid Packaging division for assets to sell. "Rigids has underperformed Flexibles for a number of years (North America Beverages in particular), has lower margins and more concentrated customer base," Macquarie says. Beverage demand is more discretionary than for other products. Also, Macquarie notes that Berry had already sold some assets, including spinning off most of its Health, Hygiene & Specialties business before the deal with Amcor completed. "We think there is further potential 'pruning' in industrial/agriculture areas," Macquarie says. (david.winning@wsj.com; @dwinningWSJ)

(END) Dow Jones Newswires

June 25, 2025 20:33 ET (00:33 GMT)

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