Pulp & Paper News

Mondi sells 25.1% stake of Mondi Hadera Paper in Israel; retains minority interest



LONDON , Sept. 8, 2010 (Press Release) - Mondi confirms that it has signed an agreement with Hadera Paper Ltd., for the sale of 25.1% of its shares (the "Shares") in Mondi Hadera Paper Ltd. (the "Company"). After completion of the transaction, Hadera Paper Ltd. will hold 75% of the shares in the Company and Mondi will retain a minority interest of 25%.

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