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ITL Ltd sells Custom Pack business to Merit Medical Systems


Monday, 2 Oct 2017 05:56pm EDT 

Oct 3 (Reuters) - ITL Ltd ::Sale of Custom Pack business for $14.4m.Announces sale of Australian Custom Pack business unit to Merit Medical Systems, Inc for $14.4 mln​.Financial implications of sale include profit on sale of about $10mln, reduction of $12.3m in sales or 35% of total group sales of $34.8m in FY17‍​. 

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