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Glatfelter Corporation will acquire Jacob Holm, a Swedish maker of spunlace nonwoven textiles, for approximately $308 million. The deal is expected to close upon fulfilment of usual conditions.
“Glatfelter Corporation will pay roughly $308 million for Jacob Holm, the world's top maker of spunlace nonwoven textiles.”textilevaluechain.in
Summarized from public sources; check the original articles before acting on it.