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Mondi to shed German mill for €25m

By:  
Creamer Media Senior Deputy Editor
 
MERGERS & ACQUISITIONS
Dual-listed Mondi will sell its Raubling Paper mill, in Bavaria, Germany, to the Heinzel Group for €25-million. Mondi, which said the deal enabled a narrower focus on the development of its core containerboard operations, would conclude the transaction upon receiving competition clearance by the end of this year.
 
 
 
 
 

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