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News: ORA Australia's Orora makes $1.4 bln play for France-based Saverglass

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    Sept 5 (Reuters) - Australian packaging firm Orora Ltd (ORA) said on Tuesday it will acquire French high-end glass bottle manufacturer Saverglass for an enterprise value of A$2.16 billion ($1.40 billion).

    It said in a statement it will start a capital raising of A$1.35 billion to pay for the acquisition.

    ($1 = 1.5477 Australian dollars) (([email protected]; Twitter: https://twitter.com/sameer_manekar))

 
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