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UPM-Kymmene to divest Walkisoft to Buckeye

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Published in issue 29/1999
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The manufacturer of specialty cellulose and absorbent products, Buckeye Technologies Inc. and UPM-Kymmene Corporation have signed a letter of intent for Buckeye to acquire essentially all of the assets of Walkisoft, UPM-Kymmene’s nonwovens business, for approximately $120m. The acquisition will double Buckeye’s ...

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