Mondi Ltd. said Monday that Russian anti-monopoly regulators have terminated their investigation into unit Mondi Syktyvkar due to the absence of a dominating market position of the unit during the investigation period.
A former Georgia-Pacific worker was sentenced Thursday to 68 months in federal prison followed by three years of supervised release on one count of conspiracy to commit wire fraud and three counts of money laundering.
Clearwater Paper Corporation announced it has acquired Manchester Industries of Richmond, Virginia, a leading, independently-owned paperboard sales, sheeting and distribution supplier to the packaging and commercial print industries.
Svenska Cellulosa AB will acquire BSN Medical for 2.74 billion euros ($2.9 billion) as the Swedish maker of Velvet tissues expands into wound care and orthopedics ahead of a planned split from forestry products.
A Universal Forest Products executive was sentenced in federal court on Thursday to 50 months in prison for conspiracy, mail fraud, money-laundering and making false statements in a loan application in connection with the construction of Vineyard Commons in Highland, N.Y.