Actionable Opportunities in Special Situations: Spinoffs, Bankruptcy, Restructurings

Restructurings

Orica (ORI.AX) will spinoff or sell its chemicals business, become pure play mining company

Orica (ORI.AX) will demerge or sell its chemicals business in a deal worth up to $1 billion, bringing to fruition a long-term transition away from chemicals to become a pure play mining services company. Source: Sydney Morning Herald

 

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