Bertelsmann, the German media group, is pushing for a cost-cutting programme at its gravure printing arm Prinovis, according to press reports. It aims to cut 150 jobs at its German sites.
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"I'm sure this will go down well with print supply chain vendors. What terms is it that ADM are after - 180 days is it?"
"Hello Set Off,
Unencumbered assets that weren't on the Reflections books, I believe.
Best regards,
Jo"
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