Verso Corporation (NYSE: VRS) (“Verso”) today announced it has received necessary approvals from the Nuclear Regulatory Commission and the Public Service Commission of Wisconsin to complete its previously announced merger with BillerudKorsnäs AB (“BillerudKorsnäs”). Verso has now received all regulatory approvals necessary to complete the merger.
The transaction is expected to close on March 31, 2022.
https://investor.versoco.com/2022-03-29-Verso-Receives-All-Regulatory-Approvals-Necessary-to-Proceed-with-Closing-of-Merger-with-BillerudKorsnas-AB
Related Posts
Since 2014, a unique Domtar internship program has helped immigrants find work and make connections in Aneby, Sweden. The program also helps people who are reentering the workforce after a long gap. For people like Moustafa Alahmad, this 10-week internship program is a lifeline. Alahmad is an ambitious, intelligent young man who studied finance at university. He speaks Kurdish, Arabic, Ukrainian and Russian. Forced to escape the civil war in his home country of Syria, Alahmad fled to Sweden, a nation known for its culture of inclusion and equality. Since he arrived, he has been able to earn enough money to get by, but it’s been difficult to find a steady job. Click Read More below for additional information.
Sappi Europe has partnered with Shippeo, the European leader in real-time transportation visibility solutions. This partnership will create a fully transparent supply chain helping to boost efficiency and customer satisfaction through innovative digital supply chain capabilities. Sappi Europe employs 5,600 people across the region producing 3.7 million tons of paper and 1.12 million tons of paper pulp each year across ten mills. Sappi Europe is part of South Africa-based Sappi Limited one of the leading global providers of pulp, paper, packing and sustainable woodfibre products and solutions. This partnership with Shippeo will see real-time visibility incorporated into internal transportation and last leg customer deliveries across the continent. There is an ongoing need for supply chain cost reduction, greater customer focus with higher service levels. Digitizing processes in the supply chain is therefore a key focus area. Being able to provide real time delivery updates will increase internal efficiencies and improve overall customer service.
Please be advised that, effective with shipments on or after October 1, 2017, Resolute Forest Products will raise its newsprint price by US$30/metric tonne (for 48.8 gsm). Prices for other basis weights will be adjusted accordingly.
Please note that this price increase does not apply to Ponderay Newsprint Company.