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(Reuters) - Australia's Orora Ltd said on Tuesday it had rejected a A$3.42 billion ($2.25 billion) non-binding takeover offer from Lone Star Fund XII Acquisitions, stating the offer materially undervalues the packaging products maker.
($1 = 1.5184 Australian dollars)
(Reporting by John Biju in Bengaluru; Editing by Rashmi Aich)
>>> Read more: Australia's Orora rejects $2.25 billion takeover offer from PE firm Lone Star
($1 = 1.5184 Australian dollars)
(Reporting by John Biju in Bengaluru; Editing by Rashmi Aich)
>>> Read more: Australia's Orora rejects $2.25 billion takeover offer from PE firm Lone Star
