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Tembec exploring options for two French pulp mills

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Montreal-based Tembec Inc. said that its European subsidiary, Tembec SAS, has retained the services of investment bankers Houlihan Lokey to review strategic options for the two Kraft pulp mills held by subsidiaries of Tembec SAS. While still exploring other strategic options, Tembec SAS has initiated a process to explore the interest of third parties in acquiring these two mills, Tembec...