Paper giant wraps it up

MONDI Group yesterday announced that it has divested its merchant operations in central Europe and Russia for R600million.

MONDI Group yesterday announced that it has divested its merchant operations in central Europe and Russia for R600million.

The paper products group confirmed it has signed a deal with the Heinzel Group for the sale of 100percent of its shares in Europapier, a paper merchant business selling graphic, packaging and office papers. - I-Net Bridge

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