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Brazil's antitrust authority approves Suzano's acquisition of K-C's tissue business in Brazil for US$200M; K-C Brazil will constitute a new company to concentrate on the activities of the closed business
Published: March 31, 2023 by CE Noticias Financieras (Latin America)
Nampak says it is making headway in exiting East Africa, a move that could free up as much as 250M South African rand in cash for the debt-stricken packaging firm; Nampak has received offers for Ethiopia, Kenya, Tanzania and its metals business in Nigeria
Published: March 31, 2023 by Business Day
Segezha Group sells its European packaging business at 'market price' to an unnamed buyer due to its inability to maintain operations amid sanctions, according to official; deal includes seven mills with combined capacity to produce 704 million bags/year
Published: March 31, 2023 by Interfax Russia & CIS Business and Financial Newswire
Kraft Heinz reaches agreement to sell its baby food business in Russia to Chernogolovka Group, a major local beverage and snack producer; deal expected to close this summer, sources value deal at up to 3B rubles
Published: March 31, 2023 by Interfax Russia & CIS Business and Financial Newswire
Sonoco completes sale of 55,000 acres of South Carolina timberlands to Manulife Investment Management for US$72M; Sonoco CEO says packaging company today produces paper exclusively from recycled fibers and no longer requires natural tree fiber
Published: March 30, 2023 by GlobeNewswire

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