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3863 — Nippon Paper Industries News Story

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Brief: Nippon Paper Industries and unit to sell entire stake in Daishowa-Marubeni International

Oct 4(Reuters) - Nippon Paper Industries Co Ltd  3863.T  
    
    * Says it and 100 percent-owned unit Daishowa North America
Corporation signed contract to sell entire 50 percent voting
power in Daishowa-Marubeni International Ltd. to MERCER
INTERNATIONAL INC  MERC.O , for C$465 million (about 39.6
billion yen)
    * Business transaction date on Nov. 30

    
    
    Source text in Japanese:https://goo.gl/95L8pe
    Further company coverage: 3863.T  MERC.O 

 (Beijing Headline News)
 ((Beijing.HeadlineNews@thomsonreuters.com; +86 10 62674724;
Reuters Messaging: huafang.zhang.reuters.com@reuters.net))

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