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Neusiedler acquires stake in AIPM operations

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Published in issue 47/1999
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Israel’s American Israeli Paper Mills Ltd. (AIPM) and Neusiedler AG of Austria have signed a joint venture agreement, according to which Neusiedler will acquire 50.1% of AIPM’s fine paper operations. According to AIPM, the fine paper operations, which have current annual sales of $110m, will be separated from AIPM ...

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