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Paper and packaging firm Mondi completed the sale of its personal care components business to Japan’s Nitto Denko Corporation on Friday for €615m (R10.5bn) after the deal was announced in February.

Mondi group CEO Andrew King said he is pleased the sale of the business — which manufactures materials used in products such as diapers, feminine hygiene products, wet wipes and face masks — was completed early.  ..

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