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Tembec aims at Spruce Falls' full ownership

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Published in issue 10/1997
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Tembec Inc., the Montr,al-based pulp and board producer wants to gain full ownership of Spruce Falls Inc., the Kapuskasing, Ontario, headquartered newsprint manufacturer. Tembec, which is already holding a 51% stake in the company, bid almost C$200m to become full owner of Spruce Falls, a subsidiary of Spruce Falls ...

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