Hadera Paper Ltd. completion of Carmel transaction
Aug 25, 2008. /Lesprom.com/. Hadera Paper Ltd. announced that following the Company's previous announcements, regarding the signing of an agreement for the acquisition of holdings of Carmel Containers Systems Ltd. ("Carmel", an affiliated company) held by Mr. Robert Kraft and by a number of additional shareholders in Carmel, the Company announces that the transaction was completed.
Aug 25, 2008. /Lesprom.com/. Hadera Paper Ltd. announced that following the Company's previous announcements, regarding the signing of an agreement for the acquisition of holdings of Carmel Containers Systems Ltd. ("Carmel", an affiliated company) held by Mr. Robert Kraft and by a number of additional shareholders in Carmel, the Company announces that the transaction was completed. As of the completion of the transaction, the Company holds approximately 89.3% of Carmel's shares.