The Venezuelan government has announced a 'temporary occupation' of a unit of Smurfit Kappa, the Irish-based paper company, saying that the group has 'abused its dominant position' in the marketplace.
Glatfelter announced it has entered into a definitive agreement to sell its Specialty Papers Business Unit ("SPBU") on a cash free and debt free basis to Lindsay Goldberg (the "Purchaser") for a total sale price of $360 million.
