Masisa completes sale of Brazilian mills

Divestments result in adjustments to minimum capacity in bonds

The Chilean wood-based panel manufacturer Maderas y Sinteticos S.A. (Masisa; Santiago de Chile) completed the sale of its Brazilian subsidiary Masisa do Brasil Ltda. (Curitiba, Paraná) to Arauco do Brasil S.A.. (Curitiba, Paraná) on 6 December. The companies had reached an agreement to this effect at the start of ...

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