JSC Segezha to take over Korsnäs Packaging

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Swedish investment bank AB Kinnevik has arrived at an agreement to sell its subsidiary Korsnäs Packaging AB to Russian packaging group JSC Segezha Pulp and Paper Mill for €73.5m (SKr693m) in cash, an amount set on the basis of the subsidiary’s valuation. Kinnvevik adds that Korsnäs Packaging is one of Europe’s ...

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