Augment Investments failed to acquire Mondi Syktyvkar from Mondi for RUB95bn.

Augment Investments, an investment company, failed to acquire Mondi Syktyvkar, a pulp, packaging paper and uncoated fine paper mill, from Mondi, a multinational packaging and paper comapny, for RUB95bn. The decision follows recent discussions with Augment on its lack of progress in gaining the necessary approvals to complete this transaction.