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Russian authorities reject sale of Mondi Syktyvkar mill for Euro 1.5 billion

The Russian authorities have not approved the sale of Mondi’s Syktyvkar mill in the Komi Republic, Russia. A possible reason is too high a transaction price. The Syktyvkar assets were planned to be sold to Augment  Investments Limited for RUB 95 billion (Euro 1.5 billion). Augment is an investment vehicle majority owned by Viktor Kharitonin, comprising […]