Int Paper EMEA will leave from Russian Federation

Int Paper EMEA leaves from Russian Federation and sells a 50 percent share in holding to Ilim SA. About it on Wednesday, January 25, reported in the press service of companies. Holding Ilim SA owns the largest producer of pulp-and-paper production to Russian Federation "Ylym". The amount of transaction will make 484 million dollars. The cost of only companies is estimated approximately at 3,5 billion dollars. The Russian partners of Int Paper EMEA on this joint venture will be new owners of a share, it is noted in the press release of companies. However at first the transaction on sale shares in holding has to approve...