CVC to Sell Paperbox Holdings to Oji Paper

Private equity fund CVC Partners (CVC), Hong Kong, will sell its Paperbox Holdings Ltd to Japan's Oji Paper Co for an undisclosed amount, according to a Reuters news report. CVC acquired Paperbox, a unit of Malaysia's GS Paper & Packaging, in 2007 from Malaysian gaming group Genting for $212 million. Oji expects to close the deal by April 2010.

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