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UPM-Kymmene becomes sole owner of Chinese mill

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Published in issue 35/2000
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UPM-Kymmene, the Singapore-based APRIL group (Asia Pacific Resources International Holdings Ltd.) and APRIL’s majority shareholder have signed a definite share purchase agreement to sell APRIL’s 51 % interest in the Changshu paper mill to UPM-Kymmene. The value of the transactions is reported to be US$150m. After ...

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