Wednesday 08. September 2010
Hadera Paper Ltd. Announces Purchasing of Additional Shares of Mondi Hadera
Hadera Paper Ltd. (AMEX:AIP) (the “Company” or “Hadera Paper” or “HAP”) is hereby honored to announce that an agreement was signed on September 08, 2010 (“The Agreement”) with a subsidiary of Mondi Group (“Mondi Group “), that holds, prior to the transaction, 50.1% of the issued and outstanding share capital of Mondi Hadera Ltd. – an associated company (“Mondi Hadera”), pursuant to which Mondi Group will sell to the Company 25.1% of the issued and outstanding share capital of Mondi Hadera (“The Acquisition Transaction”).