Bank of Moscow acquires Segezha Pulp and Paper Mill

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The Federal Antimonopoly Service of Russia (FAS) has issued approval to the Bank of Moscow to acquire 49.9999% of all vote-eligible shares of Karelian Segezha Pulp and Paper Mill (SPPM). The acquisition will give the bank 100% control of the Investlesprom subsidiary. The vertically integrated SPPM produces kraft sack ...

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