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Home » Business News
Business News
Monday 16. March 2009

ABITIBIBOWATER ANNOUNCES SIGNING OF C$615 MILLION AGREEMENT IN PRINCIPLE FOR THE SALE OF INTEREST IN MANICOUAGAN HYDROELECTRIC FACILITY

AbitibiBowater Inc. today announced it has signed a non-binding agreement in principle with Hydro-Quebec for the sale of its 60 percent interest in the hydroelectric facility located on the Manicouagan River (the “Facility”), for gross proceeds of C$615 million.

Monday 16. March 2009

ABITIBIBOWATER ANNOUNCES SECOND PHASE OF COMPREHENSIVE RECAPITALIZATION PROPOSAL

US$ ABH (NYSE, TSX) – Net debt to be reduced by $2.4 billion – Annual interest expense to be reduced by $162 million – $350 million in new funds to be raised with new debt not maturing until 2014 – Business continuity for employees, trade creditors and customers – Pre-offer support of approximately 34% of existing note holders – Implementation of recapitalization expected to occur by early May 2009

Monday 16. March 2009

POLESTAR LAUNCHES INTELLIGENT COLOUR WITH OPEN EVENTS

Polestar is hosting a series of Open Days to launch ‘Intelligent Colour’, a powerful personalisation and digital printing service that will provide customers with a range of solutions from cross media to transactional mailing.

Monday 16. March 2009

RR Donnelley Opens New Financial Printing Service Center in Calgary

Expands Presence In Western Canada To Enhance Service In Virtual Datarooms, M&A, Debt and Equity Offerings, Private Placements, And Other Transactional And Compliance Communications

Friday 13. March 2009

Autodesk Settles German Copyright Infringement Case

Infringer Must Pay Damages and Cease Production and Distribution

Friday 13. March 2009

New Portada Issue Published in Digital Magazine Format, Expands Print Circulation

In challenging economic times there are not many examples of media companies who continue to invest in order to increase reader engagement and their efficiency as an advertising vehicle.

Friday 13. March 2009

Kimberly-Clark Corporation Named EPA Energy Star Partner Of The Year

Kimberly-Clark Corporation (NYSE: KMB) has been named a 2009 Energy Star Partner of the Year by the U.S. Environmental Protection Agency (EPA).

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