Orora sells North American unit
Packaging group, Orora (ASX:ORA), has agreed to sell its North American packaging solutions business to Veritev, a private equity-backed rival, for $1.78 billion. The deal comes a year after Orora paid $2.16 billion for French glass company, Saverglass. While Saverglass faced challenges following the acquisition, it now appears to be recovering. Orora announced to the […]
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