Discussions regarding sale of CWF producer Lecta fall through

摘要

Talks between the private equity firm CVC Capital Partners and a third party on the sale of the coated woodfree (CWF) paper manufacturer Lecta have come to nothing. After reaching "advanced discussions" on the sale, a Lecta spokesperson said that "the current financial market situation is less than ideal for taking these kinds of projects to completion." He would not comment on why the discussions were terminated or whether CVC is still looking for a buyer for Lecta.