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From: | "G Stolwyk" <stolwyk@wave.co.nz> |
Date: | Fri, 20 Apr 2001 10:54:35 +1200 |
Mick,
That is a very interesting question, one, I
had'nt thought of !
I was wondering how CAH would get the
Commission's approval as there would be dominance issues
involved.
But a joint venture could be a solution but will it
go ahead?
There is also some speculation arising from
the CNIFP and the question as to FFS taking on more debt.
If FFS were prepared for sale then Weyerhauser may
be interested. But it might not be interested in the CNIFP.
Then again, it could and follow this up by buying
FFS as well!
The owners of the former TPP paper mills would get
an immediate approval from the Commission, but I can't see them being
interested. Any other party would get an approval as well.
RBC and FFS shareholders would be
keen to get out of forestry as long as they can get a good price, I
think!
Anybody else wanting to comment?
Gerry
( Holds RBC )
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