Comment on Parent of Rumford mill wooed in takeover

Parent of Rumford mill wooed in takeover

A paper recycling company from India has expressed interest in buying the Catalyst Paper Corp., including its mill in Rumford. Kejriwal Group International, based in Mumbai, has sent a letter to the majority owners of Catalyst, saying it would offer $6 per share for the British Columbia-based company. Kejriwal is affiliated with the company that expressed interest in buying Verso’s Bucksport mill in January 2015.

 

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