Amcor Limited (ASX: AMC) and Bemis Company, Inc. (NYSE: BMS) announced that regulatory clearance has been received from the US Department of Justice in relation to the combination of the two companies. A condition of this approval is the previously announced sale of certain Amcor assets located in the US to Tekni-Plex, Inc.

All antitrust and other regulatory clearances have now been completed, and the final steps towards closing the transaction will now proceed.