Brief: Orora Rejects Non-Binding Indicative Offer From Lone Star
Aug 13 (Reuters) - Orora Ltd ORA.AX :
* RECEIPT AND REJECTION OF NON-BINDING INDICATIVE OFFER FROM
LONE
STAR
* UNDER INDICATIVE PROPOSAL, CO'S SHAREHOLDERS WOULD BE
ENTITLED
TO RECEIVE A$2.55 PER SHARE
* BOARD INDICATIVE PROPOSAL NOT IN BEST INTERESTS OF ITS
SHAREHOLDERS TO FURTHER ENGAGE WITH LONE STAR
Further company coverage: ORA.AX
((Reuters.Briefs@thomsonreuters.com;))
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