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How Orica’s US Moves Could Reshape Its Explosives Business
8:29am on Monday 16th of March, 2026 AEDT
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How Orica’s US Moves Could Reshape Its Explosives Business
8:29am on Monday 16th of March, 2026 AEDT
Key Points
US$169.5 million settlement with CF Industries to end litigation
Acquisition of Nelson Brothers’ US explosives business for US$25 million plus US$48 million debt retirement
Settlement funded through existing cash and undrawn bank debt facilities
Combined actions expected to be earnings per share accretive in first full year
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