With the newfound funds, Orora intends to bring forward a $130 million capital spend on an expansion of an existing can manufacturing plant at Rocklea on the outskirts of Brisbane. Mr Lowe said ...

Orora aims to use the proceeds to repay debt facilities and invest in an organic Cans capacity expansion in Rocklea, Queensland, and will also begin returning proceeds from the transaction to ...

Orora will use the funds to expand its cans division in Rocklea, Queensland, reduce debt and distribute remaining proceeds to shareholders “over time and in a tax efficient manner”.

which will increase the production of cans in Rocklea (Queensland) by more than 30%. Following the completion of the transaction, Orora intends to focus on debt reduction and profit sharing among ...

Orora employs 400 staff at its Gawler facility ... with Revesby commissioning and the commencement of the Rocklea expansion. As always, this outlook remains subject to global and domestic economic ...

Orora has two distinct segments: cans and glass bottles in Australia, and Saverglass, its global premium and ultrapremium glass bottle segment. In the Australian business sales are mostly to its ...

Orora has two distinct segments: cans and glass bottles in Australia, and Saverglass, its global premium and ultrapremium glass bottle segment. In the Australian business sales are mostly to its ...

SYDNEY, Sept 5 (Reuters) - Australian packaging company Orora Ltd (ORA.AX), opens new tab said on Tuesday it would buy French high-end glass bottle manufacturer Saverglass from private equity firm ...

Gift 5 articles to anyone you choose each month when you subscribe. The largest shareholder in bottles and cans maker Orora has labelled its buyout of French business Saverglass last year as a “ ...

Perpetual Limited (AU:PPT) has released an update. Perpetual Limited has increased its stake in Orora Limited, boosting its voting power from 7.74% to 8.95%. This change reflects Perpetual’s ...

SYDNEY (Reuters) -Australia's Orora Ltd shares spiked more than 15% after it said on Tuesday it had rejected a A$3.42 billion ($2.25 billion) takeover offer from U.S. private equity firm Lone Star ...