Mondi agrees to sell Mondi Syktyvkar for €775 million to Sezar Invest

LONDON, UK: Mondi plc has entered into an agreement to sell its last remaining facility in Russia, Joint Stock Company Mondi Syktyvkar, together with two affiliated entities to Sezar Invest LLC for a total cash consideration of RUB 80 billion (approximately €775 million at the current exchange rate) to be paid in a series of…