Paper and packaging group Mondi has withdrawn from the agreement to sell Mondi Syktyvkar to Augment Investments.

“This follows recent discussions with Augment on its lack of progress in gaining the necessary approvals to complete this transaction,” the company, valued at R149.5bn on JSE, said...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.