Apr 02, 2012
Mondi increases its offer price for Polish unitBack
Mondi Swiecie|Paper|Paper Manufacturer
The company said that it increased the price to €17.34 a share, up from €16.62 a share in February. This represented a premium of 4.3% over the initial offer and a premium of 2.9% over the closing price on March 30.
This acquisition would bring Mondi Swiecie into the full ownership of the Mondi group, streamlining its corporate structure.
The transaction was expected to be complete by mid-April 2012.
The terms of the offer have remained the same.
Edited by: Mariaan Webb
Creamer Media Senior Researcher and Deputy Editor Online
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