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UFS secures financing for Kiani Kertas takeover

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Published in issue 3/2006
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United Fiber System Ltd. (UFS) of Singapore has reached another milestone in the acquisition of the pulp plant of PT Kiani Kertas, Jakarta. On 12 January the Singapore company announced to have secured financing for the planned transaction. Funds to repay liabilities of PT Kiani Kertas to its creditors, including Bank ...

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