Feb 17, 2005. /Lesprom Network/. Private equity firm EQT III Fund won permisson from the European Commission on Thursday to purchase Munksjo Specialty paper of Sweden from the Jefferson Smurfit Group, the Commission said. The Munksjo assets being sold are pulp, decor paper, and specialty paper businesses with estimated 2004 sales from operations of about 480 euro million ($625.2 million). EQT III, based in Guernsey, is controlled by Sweden's Investor AB (INVEb.ST: Quote, Profile, Research) . Jefferson Smurfit said in a prepared statement in December that proceeds from the sale will be used to pay down debt.