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Ahlstrom to proceed with closure of Bousbecque mill in France, plans to centralize parchment paper production at Saint-Severin mill, but will continue to try to divest Bousbecque property; plant has annual capacity of about 12,000 tons, employs 117 people
Published: July 26, 2024 by press-mailbox
Sofidel will assume about 500 of the 1,300 employees at Clearwater Paper's pulp, paper mill in Lewiston, Idaho, under deal for Sofidel to buy Clearwater's tissue business for US$1.06B; Clearwater will maintain its pulp, paperboard operations at the site
Published: July 25, 2024 by Idaho Statesman
RBC: Sentiment positive on Clearwater Paper selling tissue business to Sofidel for US$1.06B; transaction price in line with expectations, and sale proceeds should allow Clearwater to delever after acquisition of paperboard facility in Augusta, Georgia
Published: July 25, 2024 by RBC Capital Markets LLC
Unilever sells its stake in Qinyuan Group to Yong Chao Venture Capital Co.; transaction expected to close this year pending customary conditions
Published: July 25, 2024 by Unilever PLC
Pizza Hut transfers its Jeno’s and Telepizza trademarks in Colombia and Chile to Food Delivery Brands; with this transaction, approximately 120 Jeno’s and Telepizza restaurants will be removed from Pizza Hut’s global unit count
Published: July 24, 2024 by Nation's Restaurant News

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