The Office Times

Court approves Spicers sale in Australia

The sales of Spicers to the Japanese company Kokusai Pulp & Paper Co has been approved by The Federal Court of Australia.

Spicers was formerly named PaperlinX, but changed its name to focus on its business in Australia after closing the European arm of its business.

The sales price of AUS $147.6 million had already been approved by shareholders

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