Suez Bags Cement: Mondi : acquires Suez Bags (Egypt)
(4-traders.com) Mondi is pleased to confirm that it has completed the acquisition of a control position in Suez Bags Company S.A.E ("Suez Bags") for EGP26.01 per share, which implies an equity value of EGP284 million (€13.6 million) on a 100% basis. Mondi now owns 96% of the company. Suez Bags is an industrial...http://www.4-traders.com/MONDI-4007006/news/Mondi-acquires-Suez-Bags-Egypt-27065057/?utm_medium=RSS&utm_content=20180806
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Suez Bags is a producer of industrial bags for the packaging of cement, gypsum, building materials, chemicals, seeds and animal feed.
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