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Announced

Completed

Sezar Group completed the acquisition of Mondi Syktyvkar from Mondi for $826m.

Synopsis

Sezar Group, a real estate development company, completed the acquisition of Mondi Syktyvkar, a packaging paper manufacturing facility in Syktyvkar, Russia, from Mondi, a pulp and paper company, for $826m. "Mondi is pleased to confirm closing has been accelerated and the sale has now completed. Mondi has therefore concluded its exit from Russia," Mondi.

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