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INTERNET BUSINESS NEWS-(C)1995-2013 M2 COMMUNICATIONS Domtar Corp. (NYSE: UFS) (TSX: UFS) reported it has signed, through its operating subsidiaries, an agreement to acquire Xerox's (NYSE: XRX) paper and print media [...]

The trend of mergers and acquisitions in the pulp and paper industry is hotting up. The boost to M&A activity in the industry over the past year has been due [...]

CA Coutts Holdings has sold its stationery unit, including assets and order book, to Smurfit UK, part of the Jefferson Smurfit Group, for pounds 2.25m cash. The unit, based near [...]

The largest European leveraged buyout in history, now underway, will principally benefit a U.S. private equity house. Irish packaging mogul Michael Smurfit agreed last week to sell Jefferson Smurfit Group [...]

US private equity house Texas Pacific Group has emerged as a potential rival bidder or even a partner in the bidding for Irish packaging group Jefferson Smurfit. The news came [...]

South Glens Falls, N.Y. - A Swedish paper company is the new owner of Encore Paper Co. in a $92 million deal. Encore, a major consumer of recovered fiber used [...]

BP has agreed to sell its interest in France-based Arjobex, a producer of synthetic papers, to its partner in the joint venture, Arjo Wiggins Appleton PLC. Arjobex is a 51/49 [...]

OMNOVA Solutions of Fairlawn, OH, announced that it will acquire certain assets of Decorative Surfaces International Inc.'s Columbus Coated Fabrics unit, including DSI's commercial wallcovering, laminates, coated fabrics and specialty [...]

Willamette Industries Two weeks until its annual meeting, and Willamette Industries Inc. is feeling the full-court pressure from Weyerhaeuser Corp. By saying this week it will negotiate its hostile takeover [...]

Omnova Solutions says it has agreed to acquire certain assets of Decorative Surfaces International's (DSI; Bethesda, MD) Columbus Coated Fabrics unit. The deal includes specialty films, laminates, coated fabrics, and [...]

Johns Manville announced it has completed the acquisition of Skloplast, a fiberglass manufacturing company in Trnava, Slovakia. The financial terms of the agreement were not disclosed. 'Skloplast gives us a [...]

Johns Manville recently announced an agreement to acquire Skloplast a.s., a fiber glass manufacturing company located in Trnava, Slovakia. The financial terms of the agreement were not disclosed. The acquisition [...]

For the first time in a long while, the only thing Denver-based Johns Manville Corp. has to worry about is business. 'The obstacles now are business obstacles,' said Charles 'Jerry' [...]

Building-products manufacturer Johns Manville, which recently called off a planned sale to an investment group, has agreed to be acquired for more than $1.9 billion by Berkshire Hathaway Inc., the [...]

Johns Manville (JM), Denver, CO, has agreed to sell its monofilament business to Teijin Limited, Tokyo, Japan. JM acquired the business from the Hoechst Group, Augsberg, Germany, in 1999 as [...]

Metsa-Serla (Helsinki, Finland), a manufacturer of paper, packaging, pulp and other forest products, announced it will pay approximately $74.5 million for International Paper's (Purchase, NY) 72 percent stake in fine-paper [...]

TEIJIN LTD. has entered into an agreement to acquire the monofilament business of Johns Manville Corporation, a Denver, Colo.-based manufacturer of building materials. Financial details were not disclosed. Teijin will [...]

The world's sixth largest roll goods producer Johns Manville (JM), Denver, CO, will sell the company to an investment group led by affiliates of Hicks, Muse, Tate & Furst Inc., [...]

Denver-based Johns Manville Corp. announced last week that it has entered into a merger valued at about $3 billion with an investor group led by affiliates of Hicks, Muse, Tate [...]

WITH all the buzz about the virtual economy, perhaps it is no surprise that paper production has been faring badly. In the past decade, America's paper firms have delivered average [...]

Stora Enso Oyj has agreed to acquire Consolidated Papers, Inc. (Wisconsin Rapids, WI) in a transaction valued at $4.9 billion, including assumed net debt of $900 million. The combined enterprise [...]

PORTUGAL has made a flying start to achieving its target figure of privatisations worth E2.5bn this year. The announcement of three deals last month brought this year's total to around [...]

Corporacion Durango has made another foray into the USA with its acquisition of bleached board producer, Gilman. The group's paper and converting production is set to jump some 32% to [...]

ABB Automation has acquired Transphase Engineering, Ltd., a privately held steam box manufacturer located in Vancouver, B.C. The company will be incorporated into ABB's global quality control system (QCS) business. [...]

Bowater Inc., Greenville, S.C., has purchased the assets of Nuway Paper LLC, Benton Harbor, Mich., for $15 million. Nuway, which started up last year, has developed a unique process for [...]

International Paper Co. will buy Union Camp Corp. in a stock exchange valued at US$6.6 billion, prompting Wall Street analysts to say they expect more paper-industry consolidations in the future. [...]