Japan Pulp and Paper to acquire 51% of merged BJ Ball and K.W. Doggett paper distributor

Japan Pulp and Paper plans to take a 51% stake in the merged Australasian paper distributor formed from BJ Ball (PagePack) and K.W. Doggett, with the merger possibly as soon as July 2017. The deal is estimated at nearly 7 billion yen, with the remaining 49% possibly acquired later.

“Japan Pulp and Paper will then acquire a 51% stake in the merged company from funds and other investors.”asiapapermarkets.com

• 1 source
• asiapapermarkets.comJapan Pulp and Paper to expand footprint in Australia / NZ; BJ Ball and K.W. Doggett Fine Paper to combine operations | AsiaPaperMarketsMay 26, 2017

Summarized from public sources; check the original articles before acting on it.