EQT III buys Munksjo Specialty.EQT EQT Environmental Qualification Test EQT Engine Qualification Test EQT Engineering Qualification Testing EQT Equatorial Crossing Time EQT Emotional Quotient Theory EQT Engineer Qualification Tables III BUYS MUNKSJO SPECIALTY. Jefferson Smurfit Group (JSG JSG Joint Study Group (India and Pakistan) JSG Jain Social Group ), Dublin, Ireland has signed a definitive agreement to sell its Munksjo Specialty paper business to The EQT III Fund for approximately EUR EUR In currencies, this is the abbreviation for the Euro. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 450 million (US$ 601 million). Proceeds from the disposal will be used to pay down debt. The Munksjo assets being sold comprise pulp, decor paper, and specialty paper businesses and have estimated sales from operations for the year to December 31, 2004 of approximately EUR 480 million (US$ 641 million). JSG recently agreed to sell its Munksjo Tissue business SCA for EUR 28 million (US$ 37 million). JSG retains the Munksjo container-board and corrugated cor·ru·gate v. cor·ru·gat·ed, cor·ru·gat·ing, cor·ru·gates v.tr. To shape into folds or parallel and alternating ridges and grooves. v.intr. assets. |
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