Graphic Packaging buys AR Packaging for $1.45bn in cash

Joint company will process more than 700,000 t of cartonboard in Europe

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US group Graphic Packaging Holding Company (GP) will acquire Sweden’s AR Packaging Group for a purchase price of $1.45bn in cash. The management boards of both companies have already approved the purchase. GP expects the transaction, which is subject to regulatory approval and certain closing conditions, to be ...

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