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The transaction is expected to close in the fourth quarter of 2018.
August 22, 2018
By: Anthony Locicero
Copy editor, New York Post
Taghleef Industries, Lisa Holding and Valorem S.A. jointly announced that they have reached an agreement to acquire Biofilm, a Latin American producer of BOPP films for flexible packaging, labels and industrial applications. The transaction, which was approved by the Board of Directors of all parties, is subject to regulatory approval and is expected to close in the fourth quarter of 2018. With this acquisition, Taghleef will increase its annual production capacity to more than 500,000 ton...
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