ORA 0.51% $1.95 orora limited

News: ORA Deals of the day-Mergers and acquisitions

  1. 189,322 Posts.
    lightbulb Created with Sketch. 2778

    (Adds: LVMH, Western Midstream Partners, Viper Energy Partners, Inditex Updates: Albemarle)

    Sept 5 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Tuesday:

    		** French luxury house LVMH's  LVMH.PA  eyewear Thelios 
    unit said it had acquired French high-end sunglass brand Vuarnet 
    

    from NEO Investment Partners, without disclosing any financial details.

    		** Albemarle  ALB.N , the world's largest lithium 
    producer, aims to close its buyout of junior Australian rival 
    

    Liontown Resources (LTR) by the middle of 2024, its chief executive said.

    		** Western Midstream Partners  WES.N  said it was 
    acquiring Meritage Midstream Services II LLC for $885 million as 
    

    the pipeline and oil & gas processing plant operator aims to expand its footprint in Wyoming's Powder River Basin.

    		** Viper Energy Partners  VNOM.O , a subsidiary of 
    Diamondback Energy  FANG.O , said it will acquire certain 
    

    mineral and royalty interests in the Permian Basin from affiliates of Warwick Capital Partners and GRP Energy Capital in a roughly $1-billion cash and stock deal.

    		** Dubai Holding, the investment vehicle of Dubai's 
    ruler Sheikh Mohammed bin Rashid Al Maktoum, is weighing the 
    

    sale of its minority stake in Azadea Group, which operates Inditex ITX.MC franchises in the Middle East including Zara, three people with knowledge of the matter told Reuters

    ** Soap maker PZ Cussons PZC.L said it has offered to buy out minority shareholders of PZ Cussons Nigeria (PZCN) and aims to de-list the business from the Nigerian stock exchange amid "foreign exchange challenges" in the country

    ** Caledonia Investments CLDN.L said it would sell its majority stake in wealth manager Seven Investment Management (7IM) to Canada's Ontario Teachers' Pension Plan Board for about 255 million pounds ($321.5 million).

    ** Australian packaging company Orora Ltd (ORA) said it would buy French high-end glass bottle manufacturer Saverglass from private equity firm Carlyle Group CG.O for A$2.16 billion ($1.4 billion).

    ** European private equity firm CVC Capital is on the verge of buying a majority stake in Dutch infrastructure firm DIF Capital Partners in a deal worth around 1 billion euros ($1.08 billion) in a cash and stock deal, the Financial Times reported

    ** Brazilian furniture retailers Mobly MBLY3.SA and Carlyle-owned Tok&Stok agreed on terms for a merger, a report by local newspaper Valor Economico said on Monday.

    ** Hong Kong's Swire Properties group 1972.HK has submitted bids worth a combined 9.71 billion yuan ($1.34 billion) to take stakes in two Chinese companies that have land plot assets in Shanghai's Pudong district

    ** Italian energy group Eni ENI.MI signed on Monday an agreement to sell its unit Nigerian Agip Oil Company (NAOC) to Nigerian counterpart Oando OANDO.LG , the group said in a statement

    ** European private equity firm, Permira, has agreed to buy British biopharmaceutical services company Ergomed ERGO.L for about 703.1 million pounds ($886.40 million), the two firms said on Monday, in the latest UK healthcare deal this year

    ** UAE's Global Investment Holding Co has agreed to buy a 30% stake in Eastern Co. EAST.CA , Egypt's main tobacco products maker, for $625 million, a measure that will widen private participation in the economy, Egypt's cabinet said on Sunday

    ** Saudi Basic Industries Corp 2010.SE said on Sunday it had agreed to sell subsidiary Saudi Iron and Steel Company (Hadeed) to the Public Investment Fund (PIF) for an enterprise value of 12.5 billion riyals ($3.33 billion)

 
watchlist Created with Sketch. Add ORA (ASX) to my watchlist
(20min delay)
Last
$1.95
Change
-0.010(0.51%)
Mkt cap ! $2.613B
Open High Low Value Volume
$1.96 $1.96 $1.92 $14.04M 7.245M

Buyers (Bids)

No. Vol. Price($)
5 278964 $1.95
 

Sellers (Offers)

Price($) Vol. No.
$1.95 43825 6
View Market Depth
Last trade - 16.10pm 17/06/2024 (20 minute delay) ?
Last
$1.94
  Change
-0.010 ( 0.53 %)
Open High Low Volume
$1.96 $1.96 $1.92 2431999
Last updated 15.59pm 17/06/2024 ?
ORA (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.