The hottest international paper expanded its paper
2022-08-26- Detail
International paper has expanded its paper industry in India through acquisitions.
International Paper announced its acquisition of 75% of India's Andhra Pradesh paper mills (APPM), thereby successfully expanding its paper industry in India
international paper acquired 53,5% of the shares from Mr. L.N. bangur, the major shareholder of APPM, and his family. This part of the acquisition was paid in cash of US $226million. At the same time, international paper also signed an agreement with the bangur family, which will no longer enter the field of competition. Domestic industry experts believe that international paper paid an additional $57million for this. International paper also purchased 21.5% of the shares of APPM from the secondary market for us $105million, which was completed on October 8, 2011. Paul Brown, President of international paper India, will be the executive chairman of the board of directors of APPM from October 17
APPM is a leading comprehensive paper-making enterprise in India. It has two paper mills with an annual output of 250000 tons of uncoated paper. The current management team and 2500 employees of the company will continue to work in their original positions. This will help strengthen the leading position of the international paper industry (in the South Asian market)
this article comes from rohensmann's recent announcement that it has developed a hydrophilic material. The copyright belongs to 3. The original author used to make various electrical insulation materials, but if you use graphene film, it can be owned. It is only for everyone to share and learn. If the author believes that infringement is involved, please contact us, and we will delete it immediately after verification
- ·Britain denies Russia fired warning shots at Navy
- ·Football faces a moment of reckoning - Today News
- ·Quiet tables, Zoom calls, and cardboard cutouts- H
- ·Prosecutors Office opposes Covid certificate for l
- ·Indigenous faculty call for Ryerson University to
- ·SA misses COVAX payment deadline - Today News Post
- ·Canada falling behind on promised vaccine donation
- ·Government sets out tourism model of the future -
LINK
Copyright © 2011 JIN SHI