Monday, April 30, 2007

Mergers changing face of forest industry

April 26 - Vancouver Sun - Mergers and acquisitions -- some of the largest of which involve Canadian companies -- are tearing down the vertically integrated global forest industry and rebuilding it as regionalized, specialty businesses, according to a new PricewaterhouseCoopers survey.

And British Columbia is at the forefront of this industry-wide transformation, where financial players -- such as New York's Third Avenue Management and B.C. billionaire Jim Pattison -- are influencing the new direction, said PwC partner Craig Campbell, who contributed to the report. Read More.

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