Mondi PLC (MNDI.L)
21 Jun 2018
JOHANNESBURG, April 30 Mondi has agreed to buy a privately-owned industrial bags maker operating in Egypt for 23.7 million euros ($28.75 million) to expand deeper into the Middle East, the South African packaging group said on Monday.
* Shares rise in Johannesburg and London (Recasts lead, adds CEO comments, updates shares)
March 2 Paper and packaging group Mondi announced a special payout of 100 euro cents per share after full-year underlying profit rose 4 percent, benefiting from solid demand and higher average selling prices in most of its businesses.