International Paper Announces Strategic Entry into India, Agrees to Purchase Shares of Andhra Pradesh Paper Mills
Facebook
Facebook
Twitter
Twitter
LinkedIn
LinkedIn
International%20Paper<%2Fa>%20(NYSE%3A%20IP)%20has%20entered%20into%20agreements%20with%20Mr.%20L.N.%20Bangur,%20and%20related%20family%20members%20and%20affiliates%20to%20purchase%20approximately%2053.5%20percent%20of%20the%20outstanding%20shares%20of%20Andhra%20Pradesh%20Paper%20Mills%20Limited<%2Fa>%20(NSE%3A%20APPAPER%20|%20BSE%3A%20502330)%20for%20approximately%20US$257%20million%20in%20cash.%0D%0A%0D%0Ahttps%3A%2F%2Fwww.bookbusinessmag.com%2Farticle%2Finternational-paper-enter-india-purchase-shares-andhra-pradesh%2F" target="_blank" class="email" data-post-id="5746" type="icon_link">
Email
Email
0 Comments
Comments
The share purchase and public tender are expected to be completed as early as the third quarter of 2011, subject to regulatory and other approvals, including the Security and Exchange Board of India (SEBI), the Reserve Bank of India (RBI), and, if applicable, the Competition Commission of India (CCI).
0 Comments
View Comments
Related Content
Comments