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  "documentTitle": "Amcor plc (pro forma Amcor-Berry Global combination) (AMCR)",
  "authorId": "21_Ancora",
  "authorName": "James Chadwick",
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  "presentationDate": "2024-12-10 00:00:00",
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      "text": "On a proforma basis, we estimate the combined company’s EBITDA could be $4.5B and its shares could rise from ~$10 today to ~$16.",
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      "text": "1. The combined entity stands to be a premium packaging company, with a durable free cash flow profile and a conservatively estimated $650M in synergies, at what we believe is a significantly discounted valuation.\n2. The combination provides what we believe is a substantial 50% - 70% upside opportunity as synergies are executed and the combined company’s valuation re-rates.\n3. On a proforma basis, we estimate the combined company’s EBITDA could be $4.5B and its shares could rise from ~$10 today to ~$16.",
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      "text": "share price: $16",
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      "text": "Source: Ancora, public materials, company filings. *Estimated data is hypothetical in nature. Please refer to the disclosures page for additional information.",
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      "kind": "title",
      "text": "Why We’re Excited About This Value Creation Opportunity",
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