Graphic Packaging Holding Company announced that its subsidiary, Graphic Packaging International, LLC, has reached an agreement to acquire substantially all the assets of the foodservice business of Letica Corporation, a subsidiary of RPC Group PLC for $95 million, subject to standard closing conditions and regulatory review.
A trade dispute over glossy paper will continue with an appeal to the World Trade Organization, even though the United States announced last month that it had ended countervailing duties on Canadian producers.
