O-i glass agrees to divest its australia and new zealand business unit

Press release - o-i glass agrees to divest its australia and new zealand business unit.o-i glass inc - gross proceeds of aud $947 million.o-i glass inc - net proceeds will be used to reduce debt.o-i glass inc - demand strengthened in june.o-i glass inc - to sell its australia and new zealand business unit to visy industries.o-i glass inc - june sales volumes were down approximately 3 percent compared to june of last year.o-i glass inc - q2 total sales volumes were down approximately 15 percent from prior year.o-i glass inc - sale-leaseback agreement with charter hall for certain properties valued at about aud $214 million.o-i glass inc - agreement to sell o-i anz business to visy for approximately aud $733 million.o-i glass inc - expects q2 2020 adjusted earnings will be about breakeven.o-i glass inc - total liquidity improved over course of q2.
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