in this issue
Markets :: Specialty Chemicals :: Textile chemicals
Georgia-Pacific to acquire chemical cellulose manufacturer in $1.5-billion deal
April 26, 2013 | Francinia Protti-Alvarez
Georgia-Pacific (Atlanta) plans to acquire Buckeye Technologies (Memphis, TN) in a $1.5-billion deal including debt, the companies have announced. The transaction will result in Georgia-Pacific paying out about $37.50/share in cash, or $1.4 billion, a premium of 29% based on the average closing price of Buckeye's common stock over the last week. The cash tender offer is not conditional on financing. The deal would move Georgia-Pacific, a paper company, into the specialty fibers market. "Buckeye Technologies' competitive assets and capabilities strongly...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee