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- Greenville, S.C.-Based Newsprint Maker Expects to Buy South Korean Company.(Knight Ridder/Tribune Business News)
- Sep. 29--Bowater Inc. reportedly plans to buy a South Korean papermaker for $201 million. An official from Sepoong Corp. of Seoul said the company expects to sell its operations and assets to Greenville-based Bowater, the largest U.S. newsprint maker. "We expect...
- Research articles 2000-10-01
Additional Resources
- Bowater to acquire Korea's Sepoong mill
- Bowater Inc. has finalized plans to buy South Korea newsprint maker Sepoong Corp. for an estimated price of $201 million. According to reports, Bowater and officials at Cho Hung Bank, the company's main creditor in Korea, has signed a letter of intent for the sale of the mill, and expect...
- Research articles 2000-12-01
- Bowater cancels newsprint buyout
- Bowater Inc. announced that it has stopped negotiations to buy South Korea newsprint maker Sepoong Corp. for an estimated $201 million. Bowater said in a press release that "there were unacceptable delays in satisfying certain conditions" the parties agreed upon when they signed a preliminary letter of intent in September....
- Research articles 2001-03-01
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