Oct 10 (Reuters) - Packaging company Orora Ltd (ORA) on Thursday said it will sell its Australasian fibre business to Nippon Paper Industries 3863.T for an enterprise value of A$1.72 billion ($1.16 billion).
The company said it expects net cash proceeds from the deal of about A$1.55 billion, of which it intends to return about A$1.20 billion to shareholders.
($1 = 1.4868 Australian dollars)
News: ORA Australia's Orora to sell fibre business to Nippon Paper for $1.2 bln
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Last
$2.27 |
Change
-0.040(1.73%) |
Mkt cap ! $2.915B | |||
| Open | High | Low | Value | Volume |
| $2.32 | $2.32 | $2.27 | $3.318M | 1.454M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 66 | 110212 | $2.27 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.28 | 171758 | 101 |
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| Last trade - 14.38pm 22/08/2025 (20 minute delay) ? |
| ORA (ASX) Chart |