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Mitsubishi Paper and Chuetsu plan to merge

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Published in issue 15/2005
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With the aim to jointly strengthen their market position, Mitsubishi Paper Mills (MPM) and Chuetsu Pulp & Paper have signed a letter of intent to merge. The merger is to become effective on 1 October 2005, provided the shareholder meetings of both companies approve these plans. Chuetsu is planned to pay US$544m. For ...

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