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ArjoWiggins buys stake in Chinese paper manufacturer

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Published in issue 10/2007
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At the end of last year French paper company ArjoWiggins entered into a joint venture with Chinese paper manufacturer Halberd Paper Co. and acquired a majority stake in Halberd Paper. For a total of CNY19.21m (worth €1.89m on 5 March) ArjoWiggins acquired a 51% stake in Halberd Paper buying 37.67% from Halberd ...

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