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
$2.15 |
Change
0.015(0.70%) |
Mkt cap ! $2.714B | |||
| Open | High | Low | Value | Volume |
| $2.14 | $2.16 | $2.12 | $314.3K | 146.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 38786 | $2.14 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.15 | 67561 | 26 |
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| Last trade - 10.22am 19/09/2025 (20 minute delay) ? |
| ORA (ASX) Chart |