News: ORA Deals of the day-Mergers and acquisitions

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    Aug 13 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Tuesday:

    ** State Bank of India (SBI), the country's largest lender, aims to strike a deal by end-March for the sale of its 24% stake worth 184.2 billion rupees ($2.2 billion) currently in smaller rival Yes Bank YESB.NS , four sources with direct knowledge said.

    ** Telecom Italia (TIM) TLIT.MI has struck a deal worth 250 million euros ($273 million) to sell its indirect holding in Italian telecoms tower company INWIT INWT.MI to a consortium led by French infrastructure fund Ardian.

    ** Australia's Orora Ltd (ORA) shares spiked more than 15% after it said it had rejected a A$3.42 billion ($2.25 billion) takeover offer from U.S. private equity firm Lone Star Fund, claiming the offer materially undervalues the packaging products maker.

    ** Engineering and professional services firm WSP Global WSP.TO said on Monday it would acquire U.S.-based Power Engineers for $1.78 billion.

 
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(20min delay)
Last
$2.32
Change
0.010(0.43%)
Mkt cap ! $2.953B
Open High Low Value Volume
$2.32 $2.33 $2.27 $3.057M 1.326M

Buyers (Bids)

No. Vol. Price($)
49 70316 $2.31
 

Sellers (Offers)

Price($) Vol. No.
$2.32 46978 27
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Last trade - 13.11pm 21/08/2025 (20 minute delay) ?
ORA (ASX) Chart
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