date:Jul 12, 2012
Mondi Group acquired 93.4% of outstanding share capital from majority shareholder Oaktree Capital Management and said it expects to complete the deal in Q4 this year subject to regulatory clearance.
It includes the assumption of a 280m bond and 118m other debt and debt-like liabilities.
Following the takeover, Mondi will reorganise its business into four categories: uncoated fine paper (UFP), packaging papers, fibre packaging and consumer packaging, with Nordenia operating in the consumer pa