Europac takes over Sonae’s stake in Gescartão

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Portuguese conglomerate Sonae SGPS, S.A., plans to sell all direct and indirect stakes in Portuguese paper and packaging company Gescartão SGPS, S.A. to Spanish Papeles y Cartones de Europa, S.A. (Europac). Following reports from Sonae and Europac at the end of week six, agreement has been reached regarding ...

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