Cyclelink owner Shanying Paper has unsuccessfully attempted to buy South Korean cardboard and box manufacturer Tailim Paper.
Ultimately, a consortium of Shanying Paper and Bain Capital was outbid in an auction by textiles company Sae-A Trading.
Sae-A trading will now buy a 71% stake in Tailim Packaging and 100% of Tailim Paper.
It is believed that the sale price was in the region of 750 million . . .
The rest of this content is for Intelligence subscribers only. Want a free 14-day trial? Click here to request it
Already a subscriber?
If you would like to subscribe, please do so below:
Intelligence – prices only
£500
1 user
Prices page only
Intelligence – all content
Most Popular
£850
Up to 5 users
Prices page
All Intelligence commentary and analysis
Guaranteed cheapest price for our conferences
Intelligence – corporate
£2,500
Up to 100 users
Prices page
All Intelligence commentary and analysis
3 x tickets to all our conferences including REB Summit
Access for 100 of your clients to prices page only
Intelligence – corporate ultra
£5,000
Up to 250 users
Prices page
All Intelligence commentary and analysis
5 x tickets to all our conferences including REB Summit
Access for 250 of your clients to prices page only
Sponsorship of all REB events