Orica will demerge consumer products, raise $900 mln

infomine - mining equipment and supplier news | July 21, 2008 | 4:10 pm

Orica said the plan will increase value for shareholder and give it a strong balance sheet to pursue its growth ambitions.

“Today’s announcement is an important milestone in Orica’s evolution,” chairman Don Mercer said….more at industrysearch.