Arjowiggins to take over Zanders Reflex from M-real

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M-real will sell its German specialty paper mill Zanders Reflex in Düren to French paper manufacturer Arjowiggins. Sequana Capital, Arjowiggins’ parent company, quotes the takeover price at around €15m to be paid in cash. The transaction is expected to be finalised by the end of the year and is subject to ...

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