Smurfit Kappa deconsolidates Venezuelan operations

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Smurfit Kappa Group (SKG) will deconsolidate its Venezuelan operations Smurfit Kappa Carton de Venezuela (SKCV) following its temporary seizure by the government of Venezuela in August. The move will result in a €60m write-down in net assets. Furthermore two managers of the company were "arbitrarily arrested", ...

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