Brief: Mayr-Melnhof Karton To Acquire Kwidzyn (Poland) Mill For EUR 670 Million

Mayr-Melnhof Karton AG

12/02/2021 05:34

Feb 12 (Reuters) - Mayr Melnhof Karton AG  MMKV.VI :
    * MAYR-MELNHOF KARTON TO ACQUIRE KWIDZYN (POLAND) MILL FROM
INTERN
...
    * HAS AGREED TO ACQUIRE INTERNATIONAL PAPER (POLAND) HOLDING
SP.
Z.O.O. ("KWIDZYN") FROM INTERNATIONAL PAPER FOR A DEBT AND CASH
FREE AMOUNT OF AROUND EUR 670 MILLION
    * ADDITIONALLY ASSUMING CA. EUR 33 MILLION OF USUFRUCT AND
OPERATING LEASE LIABILITIES ACCORDING TO IFRS TREATMENT.
    * PROPOSED TRANSACTION WILL BE IMMEDIATELY EARNINGS
ACCRETIVE.
    * CLOSING OF TRANSACTION IS EXPECTED IN Q3 2021.

Source text for Eikon:  ID:nAPA4zlqYY 
Further company coverage:  MMKV.VI 

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