Georgia-Pacific to buy Unisource Worldwide

Article Abstract:

Georgia-Pacific Corp. has reached an agreement to acquire Unisource Worldwide Inc. for $840 million. The deal is an attempt by Georgia-Pacific to reduce its costs. However, investors raised concerns over Georgia-Pacific's understanding of the distribution industry. Investors were also worried about Unisource's financial struggles in recent years. In the year ending September 30, 1998, Unisource posted a $231.8 million loss.

Comment:

Georgia-Pacific to acquire Unisource Worldwide for $840 million

United States, Sawmills, Sawmill Products, Paper and Paper Product Wholesalers, Paper & Products, Whsle, Wholesale industry, Wholesale trade, Abstract, Georgia-Pacific Corp., Lumber industry, Paper products wholesalers, Unisource Worldwide Inc. (Norcross, Georgia)

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UPM-Kymmene agrees to buy German paper producer Haindl

Article Abstract:

UPM-Kymmene Corp. has reached a deal to acquire G.Haindl'sche Papierfabriken KGaA. The deal is valued at 3.64 billion euros in cash and stock.

Finland, Foreign operations, Germany, Paper mills, Paper, LUMBER AND WOOD PRODUCTS, Wood & Wood Products, Wood Product Manufacturing, UPM-Kymmene Corp., Haindl Papier GmbH und Company KG

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