ANGLO AMERICAN
March 1st, 2002
BY RICHARD HURST
SOUTH Africa's Anglo American has announced that it has acquired a controlling share in Russian pulp and paper company Syktyvkar for US$252 million, with the company's subsidiary Mondi Europe buying a 68 per cent stake, leaving Anglo with 87.9 per cent of Syktyvkar's stock. The remaining 12.1 per cent will be held by management and financial investors.
SOUTH Africa's Anglo American has announced that it has acquired a controlling share in Russian pulp and paper company Syktyvkar for US$252 million, with the company's subsidiary Mondi Europe buying a 68 per cent stake, leaving Anglo with 87.9 per cent of Syktyvkar's stock. The remaining 12.1 per cent will be held by management and financial investors.
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