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Europe Daily Bulletin No. 7933

28 March 2001
Contents Publication in full By article 47 / 72
ECONOMIC INTERPENETRATION / (eu) paper

The Norwegian group NORSKE SKOG (NOK 26.6 bn turnover) is to take control of its Canadian rival PACIFICA PAPERS (turnover of close to NOK 5 bn, with a workforce of 1,800) through an exchange of shares through its 51% Canadian subsidiary NORSKE SKOG CANADA. The shareholders of PACIFICA PAPERS will receive either 2.1 shares in NORSKA SKOG CANADA for each of their own or one share and Canadian $7.5 cash.

Contents

A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION