It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Key Insights The projected fair value for Orica is AU$29.22 based on 2 Stage Free Cash Flow to Equity Orica is...
(Reuters) -Australia's Orica said on Wednesday it would acquire U.S.-based chemical company Cyanco Intermediate 4 Corp for $640 million to expand its geographical reach in mining chemicals business. Orica will fund the buy mainly through an underwritten institutional placement worth A$400 million ($261.9 million), along with existing cash and debt facilities, the company said. Orica said it would resume trading on Thursday.