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M-real's plans to stop paper production at Hallein and Gohrsmuhle

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M-real starts statutory negotiations at Hallein mill, Austria, targeting to discontinue the paper production at the end of April 2009. At Gohrsmuhle mill, Germany, the standard fine paper production will be discontinued during April and its effects will be reviewed. At Gohrsmuhle, it has already been decided that the production of speciality papers as well as uncoated fine paper reels...
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Sappi successfully concludes its acquisition of M-real's coated graphic paper business

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Sappi Limited, the leading producer of coated fine paper and chemical cellulose, announced that it had completed the acquisition of the coated graphic paper business of M- real, a Finnish board and paper manufacturer, for Euro 750 million ($1.1 billion), subject to purchase price adjustments for net debt and working capital. M-real's coated graphic paper business (other than in respect...