UK paper and packaging maker Mondi on Monday said it was terminating a $1.17bn sale of its largest Russian plant to an investment vehicle owned by a Russian billionaire due to a "lack of progress" in getting he required approvals.
Mondi Plc said it terminated a RUB 95 billion ($1.17 billion) deal to sell its largest plant in Russia to an investment vehicle owned by Russian billionaire Vik.
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June 5 (Reuters) - British paper and packaging firm
Mondi Plc on Monday said it would terminate a 95
billion rouble ($1.17 billion) deal with an investment vehicle
owned by Russian billionaire Viktor Kharitonin for its largest
plant in Russ. | 04:09am