Smurfit Kappa sells Duropack share of €55m

Paper manufacturer Smurfit Kappa has announced the sale of its minority shareholding in Duropack AG Group, the group’s Austrian associate, to Constantia Packaging for €55m.

Thu, 15 May, 2008 - 12:06

Paper manufacturer Smurfit Kappa has announced the sale of its minority shareholding in Duropack AG Group, the group’s Austrian associate, to Constantia Packaging for €55m.

The proceeds from the sale of the shareholding will be used to reduce net debt.

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CourtsBusinessHeathrowPlace: AustriaPlace: GermanyPlace: Czech RepublicPlace: SlovakiaPlace: SloveniaPlace: HungaryPlace: BulgariaPlace: SerbiaPlace: CroatiaPlace: Eastern EuropePlace: PolandPlace: RussiaPlace: LithuaniaPlace: LatviaPerson: CEOPerson: Gary McGannOrganisation: Smurfit KappaOrganisation: DuropackOrganisation: Smurfit Kappa GroupOrganisation: SKGOrganisation: Jefferson Smurfit Group
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