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    HomeNewsBusinessCompaniesInternational Paper open offer for AP Paper to open May 26

    International Paper open offer for AP Paper to open May 26

    International Paper open offer for AP Paper to open May 26

    April 01, 2011 / 13:10 IST

    US paper and packaging company International Paper Co's open offer for an additional 21.5% in Andhra Pradesh Paper Mills will begin on May 26 and close on June 14, according to a public announcement.

    On March 29, International Paper had said it intends to buy a majority stake in Andhra Pradesh Paper Mills for about USD 257 million in cash to gain a foothold in the growing Asian market.

    first published: Apr 1, 2011 11:12 am

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