The European Commission has given its approval for Jefferson Smurfit to sell its French subsidiary, Papeteries Condat, to Italian company Garda. The transaction is part of a deal that will also see Jefferson Smurfit take a 17 per cent stake in Garda, which is controlled by British investment fund CVC Capital Partners.
EU approves sale
The European Commission has given its approval for Jefferson Smurfit to sell its French subsidiary, Papeteries Condat, to Italian…
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