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G-P completes sale of Commercial Tissue

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Published in issue 11/2001
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US Georgia-Pacific Corp. (G-P) has completed the previously announced sale to Svenska Cellulosa Aktiebolaget (SCA) of commercial tissue manufacturing operations that were part of a joint venture with Chesapeake Corporation. The transaction price was about US$852m. G-P will use proceeds from the sale to reduce debt. ...

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