International Paper is going to buy 53.5% stake in the company for USD 257 million. It is going to make open offer for 21.5% stake in the company. International Paper will pay USD 62 million non-compete fee for AP Paper, reports CNBC-TV18.
International Paper said that, aim to own 75% in AP Paper by September.| Company Name | Last Price | Prv Price | Change | % Chg |
| NR Agarwal | 68.1 | 56.75 | 11.35 | 20 |
| Pudumjee Pulp | 21.9 | 18.25 | 3.65 | 20 |
| AP Paper Mills | 236.15 | 196.8 | 39.35 | 19.99 |
| West Coast Pape | 92.2 | 76.85 | 15.35 | 19.97 |
| ABC Paper | 42.5 | 35.45 | 7.05 | 19.89 |
| Star Paper | 26.9 | 22.45 | 4.45 | 19.82 |
| Shreyans Ind | 21.75 | 18.6 | 3.15 | 16.94 |
| Sirpur Paper | 58.7 | 50.2 | 8.5 | 16.93 |
| JK Paper | 55.85 | 48.1 | 7.75 | 16.11 |
| Emami Paper | 53.1 | 46 | 7.1 | 15.43 |
| Seshasayee Pape | 251.5 | 220 | 31.5 | 14.32 |
| Shree Ajit Pulp | 57.15 | 50.1 | 7.05 | 14.07 |
| Ballarpur Ind | 36.5 | 32.35 | 4.15 | 12.83 |
| Tamil Newsprint | 134.8 | 122.4 | 12.4 | 10.13 |
| Sipaper | 49 | 44.55 | 4.45 | 9.99 |
| Rainbow Papers | 62 | 56.85 | 5.15 | 9.06 |
| Sakthi Paper | 28.4 | 26.6 | 1.8 | 6.77 |
| Rohit Pulp | 30.9 | 29.45 | 1.45 | 4.92 |
| Rama Paper Mill | 33.5 | 32.05 | 1.45 | 4.52 |
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