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International Paper Co In Talks To Buy SK Bangur-Controlled West Coast Paper Mills Ltd. -The Economic Times
The Economic Times reported that International Paper Co is now in talks to buy the SK Bangur-controlled West Coast Paper Mills Ltd. for a deal likely to be valued between 800 crore and 1,200 crore. An initial round of negotiations between the Memphis-based International Paper and West Coast Paper was held recently where valuations and future expansion plans for the plant located in Dandelli, Karnataka, were discussed.
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