Aug 30 (Reuters) - Australian packaging firm Orora Ltd (ORA) confirmed on Wednesday it was in advanced discussions regarding a potential acquisition of French high-end glass bottles manufacturer Saverglass SAS.
"The negotiations will take some days to finalise due to a number of factors including the size and global nature of the target business," Orora said in a statement, while requesting a voluntary suspension of trading in its shares on the Australian bourse.
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News: ORA Australia's Orora confirms talks to buy French glass bottles maker Saverglass
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