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UK-based plastic and fiber products maker Essentra sells its packaging business to Mayr-Melnhof Group for £312M, with transaction expected to close in Q4; business includes ESNT Packaging & Securing Solutions, Essentra Packaging US and its subsidiaries

Seanergy proposes spinoff of M/V Gloriuship, its oldest Capesize vessel, through newly formed subsidiary United Maritime Corp.; company will stay a pure-play Capesize owner, intends to substitute Gloriuship with a younger Capesize vessel

Stora Enso to sell Veitsiluoto, Finland, district heating business to utility Nevel, help ensure continuation of area energy services after ending paper production at site; Nevel to supply energy to Veitsiluoto sawmill, will invest in new biomass boiler

Kum & Go plans to sell six stores in Missouri to convenience store operator White Oak Station; company says move is part of plan to divest 14 Missouri locations that no longer align with long-term plans for expansion, store enhancement

McDonald’s employs Mirae Asset Securities to find buyer for Korean branches as profits fall due to rising wages, raw material costs, competition; company planned to sell its Korea unit in 2016, but potential buyers opted out due to high sales prices

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