Mondi tightens hold on Mondi Swiecie

Mondi, the FTSE 250 paper and packaging firm, has reported that its cash public tender offer, made in February and later revised in April, to purchase over 13m in Mondi Swiecie has been successful.

Mondi, the FTSE 250 paper and packaging firm, has reported that its cash public tender offer, made in February and later revised in April, to purchase over 13m in Mondi Swiecie has been successful.

The acquisition of an additional 27.2% of the issued share capital of Mondi Swiecie has raised the firm's total interest in its subdiairy to 93.2%, and has cost Mondi around €235m.

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