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Amcor expands into Chinese tobacco packaging market

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Published in issue 51/2004
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Australian packaging company Amcor Limited announced that it will subscribe to 80 million new shares issued by Vision Grande Group Holding (Vision Grande) at the Hong Kong stock exchange for HK$2.5 per share. The move allows Amcor to acquire a 16.7% stake in the Chinese supplier to the tobacco industry for HK$200m. ...

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