Interfor offers $396M for Riverside Forest Products in friendly ...
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VANCOUVER (CP) - International Forest Products is muscling aside other bidders for Riverside Forest Products, offering $396 million in a deal endorsed by Riverside&#39;s board that would create the world&#39;s seventh-largest lumber producer.
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U.S. forest products company  Weyerhaeuser Co.  said on Friday its fine paper business,  which includes assets that will merge with Canadian Domtar Inc.   , posted fourth-quarter earnings of 37 cents  per share.
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By Allen Pierleoni, The Sacramento Bee, Calif.  Jun. 7--Two more products arrived in the marketplace recently, more of the gear that attends outdoor recreation to the point that the gear becomes an industry in itself.
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Coca-Cola Amatil Ltd., Australia&#39;s biggest soft-drink maker, offered A$500 million ($382 million) in cash and stock for fruit canner SPC Ardmona Ltd.
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International Paper Co., the world&#39;s largest forest products company, has agreed to sell all of the 1.1 million acres of woodlands it owns in Maine and New Hampshire to GMO Renewable Resources LLC for $250 million.
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Brookfield Asset Management of Toronto said it would buy Longview Fibre, a specialty paper and packaging company, for $1.6 billion. Longview has a pulp and paper mill in Longview, Wash., and 15 corrugated-container plants, but its chief asset for Brookfield appears to be its 588,000 acres of woodlands in Washington and Oregon. They will join other timberlands owned by Brookfield, including 635,000 acres in British Columbia it bought from Weyerhaeuser in 2005. As part of the Longview deal, Brookfield will also assume about $550,000 in debt. Longview put itself up for sale in 2006 after rejecting a $1.33 billion bid from two private equity firms.
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United Breweries Limited has decided to enter into a partnership with Scottish &amp; Newcastle, S&amp;N. Under this agreement, S&amp;N will get 17.5% of UBL&#39;s stake through a preferential allotment for Rs 217 crore (Rs 2.17 billion), or Rs 575 per share.
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By Rupa Damodaran  YTL Corp Bhd, a diversified group, has submitted a proposal to the Government to clean up polluted rivers at an estimated cost of RM400 million each.  Managing director Tan Sri Francis Yeoh said that this is one- fifth of the cost that has already been proposed.
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Company to sell 32-inch and 37-inch sets.
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For the past year, Interland has been in transition. In 2005, the company is looking for growth.
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Intertape Polymer Group (NYSE: ITP)(TSX: ITP), known for its expertise in packaging solutions around and on the box for over 25 years, has moved inside the box with the addition of its newest iCushion(TM) Protective Packaging line.
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MEMPHIS, Tenn., Feb. 28  /PRNewswire-FirstCall/ -- International Paper  today completed the sale of its Arizona Chemical business to Rhone Capital III L.P. for approximately $485 million.
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U.S. forest products company Weyerhaeuser Co.  said on Friday its fine paper business, which includes assets that will merge with Canadian Domtar Inc.  , posted fourth-quarter earnings of 37 cents per share.
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By NO BYLINE  IMPERIAL Chemical Industries nudged higher yesterday as traders cited market talk of a possible bid from German rival BASF, and interest from Dutch group Akzo Nobel.   ICI, maker of Dulux paints, declined to comment on the rumour.
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By Leigh Hornbeck, Times Union, Albany, N.Y.  Dec. 6--CORINTH -- Philmet Capital Group LLC has targeted the former  International Paper Co. mill for a manufacturing plant.   Plastic cups and plates would be produced at the factory, said David  Steinmetz, a lawyer for Philmet.
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Sometimes bad things happen to good companies. Consider drug maker Forest Laboratories (NYSE: FRX). The company is debt-free, cash-rich, and pumping out free cash flow at $700 million a year.
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Belgium&#39;s Interbrew, which acquired AmBev to create the world&#39;s biggest brewer, reiterated on Thursday its higher volume and profit targets for 2004 as demand began to recover from a weak summer.