Klabin to sell Bacell to RGM International

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The Brazilian pulp and paper group Klabin S.A. is selling its 81.711% share in its subsidiary Bacell to the Singapore-based RGM International PTE Ltd for $91.21m. Norcell, that assures Bacell’s supply of wood, is also to be sold, but a purchase price has not been disclosed. Klabin stated that the sale planned for 30 ...

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