Columbia: offer for stake in Papeles Nacionales

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The Canadian Kruger family, owner of Kruger Inc., has made a public offer for shares in the Columbian tissue manufacturer Papeles Nacionales S.A. via its 100% subsidiary Grand Bay International AVV (GBI). According to GBI, a minimum of 21,966,827 shares or 9% of the total share capital of Papeles Nacionales and a ...

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