Orora Confirms French Competition Authority' Review on Alleged Anticompetitive Practices

MT Newswires Live

03/28

Orora (ASX:ORA) confirmed that the French Competition Authority is investigating potential anticompetitive practices in the French beverage glass container industry, involving activities before the company's acquisition of Saverglass, according to a Friday filing by the Australian bourse.

The company is cooperating with the investigation, the filing said.

Shares of the company fell 9% on market close and earlier reached an all-time low.

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