April 30 (Reuters) - Orora Ltd ORA.AX :
* COMPLETES SALE OF AUSTRALASIAN FIBRE BUSINESS
* COMPLETES SALE OF AUSTRALASIAN FIBRE BUSINESS TO A UNIT OF NIPPON PAPER INDUSTRIES CO FOR ENTERPRISE VALUE OF A$1,720 MILLION
* NET PROCEEDS FROM SALE WILL BE ABOUT A$1,550 MILLION