Another LBO bites the dust as Arjowiggins sale is cancelled

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Another LBO bites the dust as Arjowiggins sale is cancelled

The sale of the security division of Arjowiggins, the French paper manufacturing company, which was expected to be supported by a debt package of about Eu170m-Eu200m, has been cancelled, marking the latest of several potential LBO deals this year to be scrapped.

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