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The board of Stockholm, Sweden-based Nynas AB appointed Bo Askvik as its president and CEO on a continuing basis. Askvik, who had served in the roles on an interim basis since January 2019, joined the company as chief financial officer in 2014. Investment firm The Carlyle Group agreed to sell its 60% stake in Portugal-based plastic packaging manufacturer Logoplaste to Ontario Teachers’ Pension Plan Board for an undisclosed amount. Logoplaste makes plastic bottles for the automotive lubricants industry.

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