Brief: Orica To Acquire 100 Per Cent Of Terra Insights
Dec 20 (Reuters) - Orica Ltd ORI.AX :
* ORICA TO ACQUIRE 100 PER CENT OF TERRA INSIGHTS
* ACQUISITION FOR AN ENTERPRISE VALUE OF CAD$505 MILLION
* ACQUISITION IS EXPECTED TO BE EARNINGS PER SHARE ACCRETIVE
IN
FIRST FULL YEAR OF OWNERSHIP
* ACQUISITION IS EXPECTED TO BE COMPLETED IN 1H CY2024
Source text for Eikon: ID:nASX2pY00d
Further company coverage: ORI.AX
((Reuters.Briefs@thomsonreuters.com;))
Recent news on ORICA
See all newsJefferies backs Orica after bagging FY27 ammonium nitrate supply contracts
Brief: Orica Does Not Expect Material Impact On FY27 Margins From Increased Sourcing Costs
Australia's Orica climbs to near 2-month high after company secures ammonium nitrate supply
Brief: Forrestania Advances Agreements & Restart Readiness
Morningstar hikes fair value estimate for Australia's Orica