IP completes acquisition of Sabanci shares in Turkish packaging JV Olmuksa, becomes majority shareholder

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International Paper (IP) is expanding its presence on the Turkish market for corrugated packaging. On 3 January 2013, IP acquired the 43.73% stake previously held by Turkey’s Sabanci Holding in the joint venture company Olmuksa International Paper Sabanci Ambalaj Sanayi Ve Ticaret A.S. The US paper and packaging ...

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