The latest update is out from Orora Ltd. ( (AU:ORA) ).
Orora Limited has provided an update on the French Competition Authority’s investigation into the glass packaging sector in France. The investigation, which concerns a period before Orora’s acquisition of Saverglass, involves suspected anti-competitive practices. Despite the probe, Orora and Saverglass maintain their commitment to integrity and competition law compliance. The investigation is expected to take years, and Orora will continue to cooperate with the authorities while keeping the market informed.
More about Orora Ltd.
Orora is a leading manufacturer and distributor of sustainable, innovative packaging solutions, serving customers globally. Headquartered in Melbourne, Australia, and listed on the ASX, Orora focuses on designing and delivering products and services that enhance its customers’ brand presence.
YTD Price Performance: -17.58%
Average Trading Volume: 25,872
Technical Sentiment Signal: Buy
Current Market Cap: $1.48B
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