Following the divestment of Graphic Papers business M-real Corporation, a part of Metsäliitto Group, operates through three business areas: Consumer Packaging, Office Papers and Other Papers. Additionally, the M-real reporting structure includes Market Pulp and Energy segment.
Company Files Pre-Arranged Voluntary Chapter 11 Petition To Implement Debt-For-Equity Swap; No Other Creditor Classes Impaired; Ongoing Business Relationships With Suppliers, Customers and Employees Not Impacted By Restructuring
Sappi Limited (NYSE:SPP), the leading producer of coated fine paper and chemical cellulose, announced today that it had completed the acquisition of the coated graphic paper business of M-real, a Finnish board and paper manufacturer, for Euro 750 million ($1.1 billion; R8.9 billion), subject to purchase price adjustments for net debt and working capital.
Day Software (SWX:DAYN)(OTCQX:DYIHY), a leading provider of global content management software, today announces the completion of the sale of MarketingNet Ltd, a UK company active in the agency services business, to WAA Ltd, also a UK company.
In order to accelerate Edipresse Luxes development, Philippe Vignon will be joining the management of this specialized company of the Edipresse Group.
The Parent Company (NASDAQ: KIDS) announced today that, as a result of the company’s filing for voluntary protection under Chapter 11 of the U.S. Bankruptcy Code before the United States Bankruptcy Court in Wilmington, Delaware on December 28, 2008, on December 30, 2008
R.H. Donnelley Corporation, one of the nation’s leading Yellow Pages and online local commercial search companies, announced today that The New York Stock Exchange (NYSE) has determined that the trading in the common stock of R.H. Donnelley should be suspended in view of the fact that the Company did not maintain a market capitalization of at least $25 million over a consecutive 30 trading day period as required by the continued listing standards.
