Orora Australis – Amcor Completes Its Spinoff

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 »