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IP completes sale of ist CHH stake to Rank Group

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Published in issue 39/2005
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International Paper (IP) has completed the sale of its 50.5% stake in Carter Holt Harvey Ltd. (CHH) to Rank Group Investments Ltd., the investment company of billionaire Graeme Hart. IP made the announcement on 21 September, one week after the period within which CHH shareholders were to accept the offer made by Rank ...

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