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International Paper acquires majority in Moroccan CMPC

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Published in issue 38/2005
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International Paper (IP) and Compagnie Marocaine des Cartons et des Papiers (CMPC) have come to an agreement concerning the US group’s acquisition of a majority share in the Moroccan manufacturer of corrugated packaging. IP said plans have been made to acquire approximately 65% of CMPC for around US$80m in cash plus ...

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