Blackstone eyes sole control of Norske Skog, Norwegian manufacturer still in the red

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GSO Capital Partners, the credit arm of private equity firm Blackstone Group, has been Norske Skog’s largest shareholder since the end of last year. A variety of funds managed by GSO bought more than 15.5 million additional shares in Norske Skog on 3 December, boosting their stake to 10.59%. Blackstone now appears ...

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