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MM to sell its Eerbeek and Baiersbronn virgin fiber cartonboard mills

By devjelliby

The Mayr-Melnhof Group (“MM”) and a subsidiary of funds managed by Oaktree Capital Management, L.P. (“Oaktree”) have reached a firm intention on the sale of MM’s virgin fiber cartonboard mills located in Eerbeek, Netherlands, and Baiersbronn, Germany, to Oaktree for an equity value of EUR 104.6 million and net debt subject to final closing accounts. … Continued