Orora Fibre $1.7bn sale to Nippon complete

Orora has finalised the sale of its Australasian Fibre business to a subsidiary of Nippon Paper Industries for $1.72bn, with¬†Orora’s net proceeds after tax and costs amounting to $1.55bn.

The Australasian Fibre business has 25 plants and 27 depots across Australia and New Zealand. 

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