Tembec to acquire Crown Paper plant

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Canadian Tembec Inc. is to take over Crown Paper’s integrated pulp and paper plant based at St. Francisville in the US-state of Louisiana. The take-over price amounts to US$185m of which US$140m is to be paid in cash and US$45m in common stock shares. According to Tembec, the plant at St. Francisville annually ...

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