Pulp Mill Holding buys BasEl’s APPM shares

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A change of has occurred in the ownership structure of the Russian Arkhangelsk Pulp and Paper Mill (APPM). The Austrian Pulp Mill Holding successfully concluded the negotiations with Basic Element (BasEl) on a deal for BasEl’s block of APPM shares totalling roughly 34% and now holds 97.42% in APPM. The BasEl group, ...

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