The timing of the proposed merger has yet to be published, it has been indicated that the completion of the program is scheduled for the second quarter of 2019. Another communication will be published regarding the adaptation of the ETO following this announcement by the company. Global presence growsA measure Although the main regional benefits of the merger are expected to occur in North and South America, Delia is highlighting other emerging markets, including Asia, as partner companies prepare to attract small and large customers. “Big brand owners around the world sometimes struggle for growth, which means they need help. Consumer needs are changing. Consumers are focusing much more on the functionality of packaging and the occasions with which they use packaged products are moving. And then there`s the societal need for sustainability that we can better address through this [merger]. So it`s 100 percent offensive and the opportunities we`re seeing there are just unprecedented at that time,” he adds. According to the companies, the merger is expected to generate cost synergies of $180 million by the end of the third year following the closing of the transaction. . .