Verso Completes Acquisition of NewPage
Combined Verso better positioned to deliver long-term value for stakeholders in increasingly competitive industry.
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The combination is expected to result in substantial cost synergies over the next 18 months. "With the complementary asset base and shared strategic focus on coated paper manufacturing, this acquisition represents a relatively low integration risk, so we remain confident that we can deliver the synergies within the expected time frame," Paterson said.
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- Companies:
- NewPage Corporation
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