Tag Archives: Amcor Spinoff

Orora Australis – Amcor Completes Its Spinoff

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Amcor’s (ASX:AMC) shareholders overwhelmingly approved the demerger of Orora (ASX:ORA), its Australasia and Packaging Distribution business, at a shareholder meeting last week with over 99% of the votes cast in favor. Shareholders will end up owning two distinct packaging companies with different focuses and end markets. While the board considered numerous options for the business, in the end they… Read More »

Orora Borealis – Amcor Provides Updates On Its Demerger

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Amcor Limited (AMCRY) recently held its Annual General Meeting (AGM) and not surprisingly there was a lot of talk about the planned demerger of its Australasia Packaging and Distribution business, which will be named Orora. In fact, both company Chairman Chris Roberts and Managing Director Ken MacKenzie spent a good chunk of their remarks extolling the virtues of the spin and gushing… Read More »