Bloomberg
By Nariman Gizitdinov
Aug. 9 (Bloomberg) -- Kazakhstan Kagazy Plc, a cardboard maker with real-estate assets, agreed to buy Kazupack Ltd., Kazakhstan's third-largest producer of corrugated board for $5 million.
Almaty-based Kazakhstan Kagazy will assume $3 million of Kazupack's debt and the purchase should be completed by Sept. 30 after an audit is conducted, Kagazy said in a statement distributed by Business Wire today.