<b>Pacifica, Norske Skog Approve Deal</b>

Pacifica Papers’s board of directors approved an arrangement with Norske Skog Canada Ltd. to combine their two businesses.

The newly combined company will be a producer of newsprint, telephone directory paper, lightweight coated paper and high bright paper. Combined the company will have annual capacity of 2.7 million metric tons of pulp and paper and will be one of the largest businesses operating in the British Columbia forest products industry.

March 2001
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