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American Israeli Paper Mills Ltd: Negotiation for the Acquisition of Holdings in an Affiliated Company.

Publication: PR Newswire
Publication Date: 02-JUL-08
Format: Online
Delivery: Immediate Online Access

Article Excerpt
HADERA, Israel, July 2 /PRNewswire-FirstCall/ -- American Israeli Paper Mills Ltd. [AIPM] announced that it is in negotiation to acquire the holdings of the main shareholder in Carmel Containers Systems ("Carmel").

The current holdings of the Company and the main shareholder in Carmel are about 36% and 49.5% respectively....

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