Raj Gupta, chairman and CEO of Rohm and Haas Company, has been elected to the board of trustees of The Conference Board, the global business research and membership organization.
M-real Corporation’s associated company Oy Metsä-Botnia Ab has today announced its decision to close its pulp mill in Kaskinen.
M-real’s annual impairment testing has been finalised. Due to the divestment of Graphic Papers business to Sappi at the end of 2008, a new cash generating unit structure has been defined.
Sixth consecutive year of growth exceeds target, sees 48% revenue increase
Donnelley & Sons Company (NYSE:RRD) announced today the pricing of its offering of $400 million of 11.25% Notes due February 1, 2019. RR Donnelley intends to use the net proceeds from the debt neutral transaction to pay down short-term debt.
FUJIFILM Corporation (President and CEO: Shigetaka Komori) has acquired, through its European local corporation, FUJIFILM Europe GmbH (President Shigehiro Nakajima), all shares in “FUJIFILM-RU” (herefater, Fujifilm Russia), a Russian independent distributor of its medical and imaging products, from Marubeni Corporation. Establishing a direct sale structure by turning an independent distributor into its own sbusidiary, Fujifilm will accelerate its business expansion in the Russian market where high economic growth is expected in the mid- to long-term.
Norske Skog has bought back bonds totalling NOK 191 million (par value) in NSG 14 (NO 001 024 2548). This loan matures on October 26, 2009.
