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Reports that Corporacion Durango, the holding company for Mexican pulp and paper concern Grupo Industrial Durango, has purchased 100 percent of the shares of Gilman Paper Co. of the United States.

Reports on plans by Norway-based pulp and paper group Norske Skogindustrier A/S to acquire the paper division of New Zealand's Fletcher Challenge Ltd. Terms of the proposed acquisition; Completion of two other international prominent deals involving Nordic pulp and paper groups.

Reports on the plans of Stora Enso Oyj, a paper company in Finland to acquire Consolidated Papers Inc. of Wisconsin. Value of the stock and cash deal; Impact of the acquisition announcement on Consolidated's shares at the New York Stock Exchange; Comments from Jukka Harmala, chief executive of Stora.

Focuses on the prices of paper in the United States and its impact to the merger activities in the country. Significance of the merger activities in the country; Antitrust problems surrounding the industry; Brief information on some merger deals in the industry.

Reports that Procter & Gamble Co. has signed a letter of intent to acquire the household paper business of Long Chen Paper Co. Worth of the deal; Share price of Procter & Gamble.

Reports on the plans by Wausau Paper Mills Company to buy Mosinee Paper Company for an agreed price. What is the value of the stock; Terms of the contract; How did the shares close on the stock market; What will Mosinee be renamed; Information on both companies.

This article reports on a support being shown by Nippon Paper Group Inc. to Hokuetsu Paper Mills Ltd. to fend off a takeover bid by industry leader Oji.

Reports that International Paper Co. has bought Ace Packaging Systems Inc., a maker of auto-parts packaging. Brief information on Ace; Stock price of International Paper.

Reports that the acquisition of Repap USA Inc. was completed by Consolidated Papers Inc. in the United States. Value of the acquisition.

Focuses on recent acquisition activity in the paper industry and its possible results in the United States and global paper industry . Consolidation trend; Stock prices; Comments from Morgan Stanley & Company analyst Matthew Berler.

Reports that International Paper Company agreed to buy Federal Paper Board Company. Value in stocks and cash; Value in debt; Information on Federal Paper shares; Companies included in the acquisitions. INSET: A paper-company match..

Forecasts economic market growth in Mexico in October 1999. Market status of the paper industry; Economic condition of business enterprises in the country; Comment from Jose Linares, Latin telecommunications analysts.

Reports on the agreement of Domtar Inc. to acquire Ris Paper Co. Value of the transaction; Impact of the deal on Domtar.

Reports on the challenges faced by International Paper Co. after its purchase of Champion International Corp. Amount of the deal; Comments from John T. Dillon, chairman and chief executive officer of the company; Reason for the withdrawal of UPM-Kymmene Corp. from its tender offer bid for Champion International.

Reports on the tentative agreement by Wausau Paper Mills Company to acquire Rexam PLC's Otis Specialty Papers unit for $58 million. Annual paper capacity of Otis; When acquisition is expected to close.

Reports that Bunzl PLC is selling its German and Italian fine-paper businesses to NV Koninklijke KNP for $96.7 million. What Bunzl manufactures.

Reports on the planned merger of the Stora AB and Enso Oyj. paper companies in Europe. Value of the sales of Stora and Enso; Reference to the name of the merged company; Principal owners of the merged company; Discussion on the terms of the merger.

Presents information on brief reports. Increase in third-quarter net income for International Paper Company; Analysts observations; Statistics for Paper stocks and net income; Daka International Inc. to acquire Champps Entertainment in stock swap; Terms of agreement.

The article reports on the decision of the paper industry to enter into initial public offerings (IPOs) and mergers to specialize their operations in the U.S. In December 2007, Apollo Management LP filed an IPO for Verso Paper Corp. on the New York Stock Exchange (NYSE) to raise $345 million. Boise Inc. is expected to launch its IPO on the NYSE. Analysts believe that the review conducted by Weyerhaeuser Co. on selling some of its businesses will lead to merger.

The article reports on the decision of Memphis, Tennessee-based International Paper Co. to acquire 50% of Russian paper- and pulp-mill operator Ilim Holding SA for $650 million. The firm also plans to enter a 50-50 joint venture in Saint Petersburg, Russia. According to its CEO John Faraci, the deal corresponds to the plan to focus on uncoated paper and packaging and exit the forest operations.

The article reports on the efforts of paper firm Nippon Paper Group Inc. to prevent corporate take-over. The company is considering issuing stock warrants to prevent an entity from accumulating more than 20 percent shares in the corporation. The measure was proposed by the company in response to the hostile bid of Oji Paper Co. to acquire Hokuetsu Paper Mills.

The article reports on a $100 million termination fee involved in a deal to sell the packaging business of Weyerhaeuser Co. to International Paper Co. of Memphis, Tennessee. The termination fee will be paid by International Paper to Weyerhaeuser if the deal does not close by the end of March 2009 according to a filing with the U.S. Securities and Exchange Commission (SEC).

Reports on the bid proposed by private investors Obsidian Finance Group and Campbell Group to acquire timber and paper-products company, Longview Fibre Co.

Reports that Shorewood Packaging Corp. which has been fending off an unwanted takeover bid from Chesapeake Corp. agreed to be bought by International Paper Co. in 2000. Value of the acquisition; Reaction from David W. Oskin, executive vice president of International Paper; Terms of the deal.

Reports that International Paper Company reached an agreement with Tetra Laval, a packaging company, to acquire an interest in OAO Svetogorsk, a Russian pulp and paper operation. Percentage interest to be acquired; How International Paper plans to benefit from the acquisition; When the transaction is expected to be completed; Performance of International Paper stock in New York Stock Exchange trading for June 28, 1998.

Reports on the agreed acquisition of the Zellerbach distribution unit of Mead Corporation by International Paper Company. Value of the acquisition; Significance of the acquisition to International Paper; Information on Zellerbach; How Mead plans to use the proceeds from the sale.

Reports that Mail-Well Incorporated will acquire the label division of International Paper Company, for an undisclosed amount. Details on International Paper's operations; Effect of the acquisition announcement on Mail-Well's shares.

The article discusses issues on the planned merger of Abitibi and Bowater creating a paper company that could control more than 50% of North America's newsprint-manufacturing capacity.

Focuses on the plans of Nashua Corp. to acquire Rittenhouse Paper Co. Impact of the acquisition on the earnings of the company; Details on the proxy battle of the company with Newcastle Partners LP.

Reveals that Kimberly-Clark Corporation has acquired a 49.9% stake in American Israeli Paper Mills Limited, for $49.9 million. Business activity of American Israeli Paper; Who the company will be managed by; Items which will be produced by the company; Comments from the vice president of Kimberly-Clark Europe, Barry Tubbs.

Reports on the expectation of International Paper Co. from its acquisition of Union Camp Corp. Number of people to be laid off as a result of the company's deal with Union Camp; Reaction of shareholders and analysts to the company's financial performance.

Focuses on the merger agreement between International Paper Co. and Union Camp Corp. Shares to be given to Union's shareholders; Stock market value of both companies.

Reports that in the paper specialty industry, P.H. Glatfelter Company of Spring Grove, Pennsylvania agreed to acquire Schoeller and Hoesch. Value of acquisition and Schoeller's debt; Reason for acquisition; Schoeller's 1996 revenue.

Reports that Spinnaker Industries Incorported acquired S.D. Warren Company pressure-sensitive paper business. Value of contract; What is produced at Spinnaker.

The article reports on the depressed initial public offering (IPO) of Verso Paper Corp. It shows that private-equity firms are having difficulty selling companies. Likewise, the frozen credit markets make the buyouts of companies difficult for private-equity firms. Verso is the creation of Apollo Management LP. Verzo's problem is stated to be bad news for private-equity firms and the reasons are explained.

Reports on the agreement of International Paper Co. to acquire Box USA Holdings Inc.

Reports on the agreement of International Paper Co. (IP) to acquire Union Camp Corp. Significance of the acquisition deal; Prices of Union's shares; Information on the share prices of other paper and forest-products companies.

Reports on the acquisition of a paper mill from Boise Cascade Corporation by Mead Corporation. Information on operations of both companies.

Forecasts the consolidations and mergers of newsprint companies in the United States. Overview of problems encountered by the newsprint industry in North America; Reactions of Wall Street to the mergers; Comments from analyst.

Reports that Scott Paper Limited said that Kruger Incorporated revised the terms of its previously announced bid for Scott. Business interest of both companies; Value of the bid; Performance of stock on the stock exchange.

Reports that Ivex Packaging Corporation, definitively agreed to acquire Ultra Pac Incorporated, for $15.50 a share, or about $4 million. How the acquistion will be effected by Ivex; Benefits of the purchase to Ivex; Performance of Ultra Pac's shares on the Nasdaq market for March 23, 1998.

The article discusses holding company Berkshire Hathaway Inc's investments in The Richmond Times-Dispatch and other newspapers it has acquired. Berkshire has spent money on upgrading the papers' information technology and production facilities, and has also experimented with online initiatives for the publications. Berkshire chairman Warren Buffett has stated his fondness for newspapers, of which his company has bought close to 70.

This section offers business news briefs as of December 17, 2007. Dutch chemicals and coatings company Akzo Nobel NV are cleared by the European Union to buy Imperial Chemicals Industries PLC of Great Britain. Millea Holdings Inc. of Japan has announced its plans of acquiring Kiln PLC of Great Britain for a deal amounting to $891.6 million. Volkswagen AG has reported in November that its 2007 sales increased to 10% from 2006 which they attribute to their sales from Brazil, China and Argentina.

Reports on the agreement of Georgia-Pacific Corp. of Atlanta, Georgia to acquire Fort James Corp. Impact of the deal on the tissue-paper business of the company; Reasons for Georgia-Pacific's divestiture plans; Competitors of the company; Terms of the deal; Advisors of Georgia-Pacific in the transaction.