Edition:
India

Nippon Paper Industries Co Ltd (3863.T)

3863.T on Tokyo Stock Exchange

1,263JPY
10:08am IST
Change (% chg)

¥6 (+0.48%)
Prev Close
¥1,257
Open
¥1,251
Day's High
¥1,266
Day's Low
¥1,251
Volume
203,200
Avg. Vol
396,545
52-wk High
¥1,970
52-wk Low
¥1,213

Latest Key Developments (Source: Significant Developments)

Orora Completes Sale Of Australasian Fibre Business
Thursday, 30 Apr 2020 

April 30 (Reuters) - Orora Ltd ::COMPLETES SALE OF AUSTRALASIAN FIBRE BUSINESS.COMPLETES SALE OF AUSTRALASIAN FIBRE BUSINESS TO A UNIT OF NIPPON PAPER INDUSTRIES CO FOR ENTERPRISE VALUE OF A$1,720 MILLION.NET PROCEEDS FROM SALE WILL BE ABOUT A$1,550 MILLION.  Full Article

Orora Expects Sale Of Australasian Fibre Business To Complete On April 30
Thursday, 2 Apr 2020 

April 2 (Reuters) - Orora Ltd::COMPLETION OF SALE OF AUSTRALASIAN FIBRE BUSINESS TO NIPPON PAPER INDUSTRIES EXPECTED TO OCCUR ON 30 APRIL.  Full Article

Orora Announces Sale Of Its Australasian Fibre Business For A$1,720 Mln
Thursday, 10 Oct 2019 

Oct 10 (Reuters) - Orora Ltd ::ANNOUNCES SALE OF ITS AUSTRALASIAN FIBRE BUSINESS FOR A$1,720 MILLION.ENTERED INTO A BINDING AGREEMENT TO SELL ITS AUSTRALASIAN FIBRE BUSINESS TO A WHOLLY OWNED SUBSIDIARY OF NIPPON PAPER INDUSTRIES.ESTIMATED NET GAIN AFTER COSTS AND TAX IS A$225 MILLION DUE TO SALE.INTENDS TO RETURN IN VICINITY OF A$1,200 MILLION, BEING MAJORITY OF NET PROCEEDS, TO SHAREHOLDERS.EXPECTS TO RECEIVE NET CASH PROCEEDS FROM TRANSACTION OF A$1,550 MILLION."THERE MAY BE SOME REDUCTION IN ROLES REQUIRED TO SUPPORT ORORA GROUP ACTIVITIES GOING FORWARD".TRANSACTION COMPLETION IS EXPECTED TO OCCUR IN EARLY 2020.  Full Article