Brief: Orora Announces Sale Of North America Packaging Business
03/09/2024 23:42
Sept 4 (Reuters) - Orora Ltd ORA.AX :
* SALE OF NORTH AMERICA PACKAGING BUSINESS-ORA.AX
* SALE OF NORTH AMERICAN PACKAGING SOLUTIONS BUSINESS
(OPERATIONS)
FOR A$1.775 BILLION
* ENTERED BINDING AGREEMENT TO SELL ORORA PACKAGING
SOLUTIONS TO
VERITIV CORPORATION
* INTENDS TO BRING FORWARD A$130 MILLION OF CAPITAL
INVESTMENT TO
FURTHER EXPAND ITS CANS CAPACITY IN ROCKLEA
Further company coverage: ORA.AX
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