G-P plans to sell 60% stake in Unisource subsidiary for $850 million to Bain Capital

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Pulp and Paper Week | 2002年 / 24卷 / 31期
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Packaging - Paper products - Sales - Strategic planning;
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Georgia-Pacific (G-P) sold its 60% stake in Unisource subsidiary for $850 million to Bain capital to reduce its $12.04 billion debt. G-P planned to spin-off its consumer products, paper, pulp and packaging units into a new company and keep building products as its own company. The proceeds from the planned deal with Bain Capital would include $180 million tax benefits and $150 million from sale-leaseback arragement involving Unisource assets.
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页码:9 / 10
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