Gelderse to sell two subsidiaries

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Gelderse Papiergroep of the Netherlands will divest two of its subsidiaries retroactive as of January 1, 1998 in order to concentrate on its core sectors. Gelderse is to sell Papierfabriek Schut B.V. in Heelsum, a producer of value-added paper grades such as artist paper, to Exacompta Clairefontaine, the French ...

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