Clear­ance given for pulp & pa­per deal

DEMM Engineering & Manufacturing - - NEWS -

The Com­merce Com­mis­sion has given clear­ance for Oji Ocea­nia Man­age­ment (NZ) to ac­quire up to 100 per cent of the shares in Carter Holt Har­vey Pulp & Pa­per from Carter Holt Har­vey.

As a re­sult of the ac­qui­si­tion, Oji will own Carter Holt Har­vey’s pulp and pa­per business, which in­cludes the Kin­leith pulp and pa­per mill, and the Tas­man pulp mill in the cen­tral North Is­land.

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