Schwarz Partners In Mill Deal

An Indianapolis-based holding company is part of a deal to buy three U.S. containerboard mills for $470 million, according to an agreement from the world's largest pulp and paper producer. With the deal, International Paper Co. fulfilled a settlement related to its purchase of Temple-Inland.

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    Indianapolis-based holding company Schwarz Partners LP has formed a joint venture with The Kraft Group LLC to buy two major paper mills from industry giant International Paper Co. The mills are part of a three-mill sale worth $470 million.
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