International Paper Co

Jump to

AP Paper deal to spark consolidation in paper space: Udayan

International Paper Co is set to pickup majority stake of 53.5% in AP Paper for about USD 257 million in cash. Commenting on the deal CNBC-TV18’s managing editor Udayan Mukherjee says it should be quite good or charging up for the paper sector today because the deal has been struck at a huge premium to the current market price of AP Paper.
International Paper to buy majority of India mill for $257m

US paper and packaging company International Paper Co will buy a majority stake in Andhra Pradesh Paper Mills for about USD 257 million in cash.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347

International Paper Co

AP Paper deal to spark consolidation in paper space: Udayan

International Paper to buy majority of India mill for &#36;257m

International Paper to buy majority of India mill for $257m