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Orora Ltd Under Investigation by French Competition Authority

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Orora Ltd Under Investigation by French Competition Authority

Orora Ltd. ( (AU:ORA) ) has issued an update.

Orora Ltd has announced that the French Competition Authority visited its Saverglass office in France to investigate potential anticompetitive practices in the French beverage glass container industry before Orora’s acquisition of Saverglass. Orora is cooperating with the investigation, which could have implications for its operations and industry positioning.

More about Orora Ltd.

Orora is a leading manufacturer and distributor of sustainable, innovative packaging solutions, headquartered in Melbourne, Australia. The company focuses on designing and delivering products and services that enhance its customers’ brands, serving millions of consumers globally.

YTD Price Performance: -17.81%

Average Trading Volume: 25,872

Technical Sentiment Signal: Buy

Current Market Cap: $1.61B

See more data about ORA stock on TipRanks’ Stock Analysis page.

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