Brief: Orora Announces Sale Of North America Packaging Business

ORORA

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