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Weyerhaeuser to Sell Liquid Packaging Board business to Nippon Paper Industries for USD 285 million

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The transaction includes one mill located in Longview, Wash., with an annual capacity of 280,000 tonnes. June 15, 2016 Weyerhaeuser Company announced an agreement to sell its liquid packaging board business to Nippon Paper Industries Co., Ltd. for USD 285 million in cash. Weyerhaeuser expects to use a substantial portion......