Approval for the sale of Mondi Syktyvkar still pending

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Russia’s war of aggression against Ukraine induced Mondi to divest its assets and exit operations in Russia. In line with an agreement reached in August 2022, the Syktyvkar pulp and paper complex is planned to be sold to Augment Investments for RUB95bn. In December 2022, Mondi also announced to have reached an agree...

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