The deal with Augment Investments for the sale of Mondi Syktyvkar has been terminated
Paper and packaging group Mondi has withdrawn from the agreement to sell Mondi Syktyvkar to Augment Investments.
“This follows recent discussions with Augment on its lack of progress in gaining the necessary approvals to complete this transaction,” the company, valued at R149.5bn on JSE, said...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.
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