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Thursday, 17 August 2017

Lafarge enters negotiations with Mondi to sell plastic bags unit

Packaging group Mondi has entered negotiations with Lafarge to acquire one of its bag-making subsidiaries, according to Al Borsa. We had previously mentioned that Lafarge was looking to offload one of its plastic bag manufacturers — EGY SAK and the National Bag Company — and had received offers of interest from a Libyan investor and Mondi.

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