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Norske Skog increases stake in PISA

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Published in issue 1/2001
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Norwegian timber group Norske Skog has purchased the OESP group’s shares in the Brazilian paper manufacturer PISA (Papel de Imprensa S.A.). The purchase price of $57.3m was to be paid in April 2001. As a result of the transaction, Norske Skog now controls 90.5 per cent of the voting rights and 68.4 per cent of ...

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