Ilim Pulp reduces interest in Kommunar paper mill

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According to Russian news reports, Ilim Pulp Holding has reduced its interest in the Russian Kommunar paper mill to 46.48% by selling 21.86% of the shares. Frolcom Assets Inc., Gazard Investments Ltd. and Belgate Development S.A. took over Kommunar share packages of 10.93%, 12.51% and 10.93%, respectively. Kommunar is ...

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