Announced
Completed
Financials
Tags
Friendly
Brazil
Private
Single Bidder
corrugated packaging products
Acquisition
Majority
Containers and Packaging
Cross Border
Completed
Synopsis
Klabin, a paper producer, exporter and recycler in Brazil, completed the acquisition of the Brazilian corrugated packaging business of International Paper, an American pulp and paper company, for $65m. International Paper received $55m at closing and will receive $10m more a year after. The business includes three container board mills and four box plants.
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