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Displaying Articles 1 - 25 of 732
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International Paper Announces Agreement to Acquire DS Smith

Expected to Achieve Significant Synergies of At Least $514 Million

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Veritiv Acquires AmeriPac

Veritiv Corporation, a leading specialty distributor of value-added packaging, facility solutions and print products and solutions, announced that it has acquired substantially all the assets of Ameripac, LLC, and Ameripac Pennsylvania, LLC ("AmeriPac") a leading provider of turnkey contract packaging and fulfillment services with annual revenues of approximately $60 million.

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Greif: Completes Acquisition of Ipackchem

At the time of closing, the cash provided included the previously disclosed transaction amount of $538 million, an additional $38 million as a ticking fee to reimburse the seller for Greif's profits, standard adjustments for debt and cash, and the effect of foreign exchange rates.

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West Fraser Timber completes sale of pulp mills

West Fraser Timber Co. Ltd. announced that the Company has completed the sale of its Quesnel River Pulp mill, and its Slave Lake Pulp mill to an affiliate of a fund managed by Atlas Holdings following completion of customary regulatory reviews and satisfaction of customary closing conditions.

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Rayonier to sell Washington timberland

Plans call for debt restructuring; bids due in June.

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Mondi drops out of race to buy DS Smith in win for rival International Paper

Mondi will not make an offer to buy DS Smith, it said on Friday, bowing out of the battle after its UK peer agreed to a 5.8 billion pound ($7.21 billion) deal with International Paper earlier this week.

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Twin Rivers Paper Announces Sale of Pine Bluff Unbleached Kraft Paper Mill to American Kraft Paper Industries, an Affiliate of Global Industrial Group

Transaction further advances Twin Rivers' focus on core specialty papers business.

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Canfor buying lumber mill in Arkansas from Domtar affiliate for US$73 million

Canfor Corp. says it has signed a deal with an affiliate of Domtar Corp. to buy its El Dorado lumber manufacturing facility in Arkansas for US$73 million.

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ND Paper Acquires Water Quality Center

Nine Dragons, Inc. (ND Paper) and Billerud Wisconsin LLC (Billerud) closed on an Asset Purchase Agreement, whereas ND Paper will own and operate Billerud's Wisconsin Water Quality Center (WQC) and associated landfill and F&E landfill assets.

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Western Forest Products completes sale of ownership interest in newly formed mid-island partnership

The Tlowitsis, We Wai Kai, Wei Wai Kum and K'ómoks First Nations (the "Nations," all member First Nations of the Nanwakolas Council), and Western Forest Products Inc. ("Western") announced the completion of the previously announced agreement for the Nations to acquire a 34% interest from Western in a newly formed Limited Partnership for $35.9 million.

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DS Smith completes acquisition of Bosis doo in Serbia

DS Smith has completed acquisition of packaging company, Bosis doo. With the acquisition of Bosis doo, DS Smith's total packaging operations in Eastern Europe will comprise 30 box plants and additional facilities, employing more than 7,000 people in the region.

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DS Smith extends deadline for takeover offer by Mondi

DS Smith PLC on Thursday said that an extension had been agreed for its potential takeover by Mondi PLC, though the company still holds a more lucrative offer from International Paper.

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Kimberly-Clark to sell PPE business to Ansell for $640 million

Kimberly-Clark will sell its personal protective equipment business to Ansell for US$640 million in cash, agreeing to a deal that the Australian company's chief executive said had been under consideration for years.

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International Paper closes in on £5bn deal for London-listed DS Smith

International Paper and its advisers are hoping to reach an agreement on a recommended offer by the end of this week.

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European Commission Greenlights Smurfit Kappa Group and WestRock Merger

In a landmark decision, the European Commission has given the green light to the proposed merger between Smurfit Kappa Group plc, headquartered in Ireland, and WestRock Company from the United States. The approval paves the way for the creation of a global packaging powerhouse, dubbed Smurfit WestRock, with a comprehensive reach across continents.

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RRD Strengthens Marketing Services with Strategic Acquisition of Digital & Print Marketing Businesses from Vericast

The transaction marks significant investment in RRD's existing digital marketing and print capabilities.

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South Carolina Ports Authority advances purchase of WestRock site in North Charleston

A unanimous vote from the S.C. Ports Board of Directors Tuesday pushed the purchase of the former WestRock paper mill site forward, and S.C. Ports officials believe the deal will close as soon as it is "practical."

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Calgary rail company acquires former Canfor pulp mill in northeast B.C.

Representing an important win in the bottleneck battle faced by Western Canada's resource industries, Buffalo Rail & Infrastructure Corporation ("Buffalo") is pleased to announce the $7 million acquisition of Canfor Pulp Products' pulp mill assets, including 300+ acres of heavy industrial land, in Taylor, BC.

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ProAmpac Acquires UP Paper

ProAmpac, a global leader in flexible packaging and material science, today announced the acquisition of UP Paper, a leading producer of recycled kraft paper. Terms of the transaction were not disclosed.

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Jamestown Container Companies acquires Midwest Box Company

Jamestown Container Companies announced an agreement to acquire Midwest Box Company's packaging business in Cleveland, Ohio. Terms of the agreement were not disclosed.

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Billerud will sell its idled Wisconsin Rapids paper mill

Billerud will keep and continue to operate its Wisconsin Rapids converting facility and the 130 employees at that site and will sell the idled mill and related assets to Capital Recovery Group, the company said in a Thursday news release.

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Essity completes divestment of its shares in Vinda

Essity has completed the divestment of its entire holding of 51.59% of shares in the Asian hygiene company Vinda International Holdings Limited (Vinda) for HKD 23.50 per share.

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International Paper stirs up possible bidding war over DS Smith

The proposal comes less than three weeks after DS Smith reached an in-principle agreement with its UK-listed rival Mondi, which made an all-share takeover offer valuing DS Smith at 5.14 billion pounds.

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Greif Completes Acquisition of Ipackchem

The cash funded at closing consisted of the previously announced transaction value of $538 million, plus $38 million for a ticking fee that compensates the seller for earnings that inure to Greif, other customary debt/cash adjustment items, and FX impact.

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Regulatory approvals granted for the public offer in Essity's subsidiary Vinda

On December 15, 2023, Essity announced that Isola Castle Ltd, a company indirectly wholly owned by Asia Pacific Resources International Limited (APRIL), has announced that it will make a pre-conditional public offer to the shareholders of Vinda International Holdings Limited (Vinda) to acquire the shares in Vinda for a price per share of HKD 23.50.

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Displaying Articles 1 - 25 of 732
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