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Regulatory Approval Granted for Orica to Complete the Purchase of Minova

 

21 December, 2006

 

Orica Limited has today received the final regulatory approval required to complete the acquisition of mining services company Minova.  Orica now expects to complete the transaction within three business days.

 

As previously advised, Minova will continue to operate as a stand alone business reporting directly to Graeme Liebelt, Orica’s Managing Director and CEO, for a period of up to two years prior to its integration into Orica’s Mining Services division.

 

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