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Mayr-Melnhof to divest Tann Group to Evergreen Hill Enterprise

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Published in issue 1/2025
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Austria’s cartonboard and packaging group Mayr-Melnhof Karton (MM) announced an agreement with Indonesia’s Evergreen Hill Enterprise on the sale of 100 per cent of the shares in its tipping paper subsidiary Tann Group for a cash and debt-free enterprise value of €360m. The transaction was subject to usual completion...

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Cartonboard
Mergers and acquisitions
Mayr-Melnhof
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