| Some of the major M&A deals in the news from September 2000 to September 2001 |
| Companies |
Type of Deal |
Financial House/Advisers |
Value |
|
| Banking Consortium/SEPI |
Acquisition of 24.99% stake in Ence (6.5% Banco Zaragozano, 6.5% Bankinter, 12% Caixa Galicia) |
Banco Santander Central Hispano, Deutsche Bank, ABN Amro and Renta 4 |
Pta 21,718 million |
| Bowater/Alliance Forest Products |
Acquisition |
Goldman Sachs for Bowater BMO Nesbitt Burns and Merrill Lynch for Alliance |
$770 million including debt |
| Buhrmann/M-real |
Acquisition of Grafiskt Papper |
No advisers |
SEK 45 million |
| Carter Holt Harvey/Norske Skog |
Acquisition of Tasman Pulp Mill |
Deutsche Bank for Norske Skog |
$130 million |
| Domtar/Georgia-Pacific |
Acquisition of four printing paper mills |
J-P Morgan Chase for Domtar |
$1.65 billion |
| Georgia-Pacific/Fort James* |
Merger |
Merrill Lynch and Banc of America Securities for Georgia-Pacific. Morgan Stanley for Fort James |
$11 billion |
| Heinzel/Biocel |
Acquisition |
JP Capital for Biocel |
CZK 2 billion |
| Heinzel/Frantschach |
Acquisition of 95% of Zellstoff Pöls |
No advisers |
Not disclosed |
| JBP/CVRD |
Acquisition of controlling stake in Cenibra |
No adviser for JPB |
$670 million |
| Kappa Holdings/AssiDomän |
Acquisition of AssiDomän's containerboard and corrugated businesses |
Deutsche Bank for Kappa Carnegie for AssiDomän |
SEK 10,410 million on a debt-free basis |
| M-real/International Paper |
Acquisition of 72% stake in Zanders Feinpapiere |
No adviser for M-real |
Euro 138 million |
| Myllykoski/M-real |
Acquisition of 50% of two MD Papier Mills |
No adviser for M-real |
Euro 300 million |
| Nippon Paper Industries/Daishowa Paper* |
Merger to form Nippon Unipac |
The Industrial Bank of Japan and KPMG Corporate Finance |
Not disclosed |
| Norske Skog & Abitibi-Consolidated/Hansol |
Acquisition of one third of PanAsia from Hansol |
Deutsche Bank for Norske Skog Credit Suisse First Boston for Abitibi-Consolidated |
$175 million each plus debt |
| Norske Skog Canada/Pacifica Papers |
Acquisition |
Merrill Lynch and Deutsche Bank for Norske Skog. CIBC World Markets for Pacifica |
C$ 950 million |
| Norske Skog/BNDES |
Acquisition of 22.2% of PISA |
No adviser for Norske Skog |
$70.5 million |
| Norske Skog/OESP |
Acquisition of 17.4% of PISA |
No adviser for Norske Skog |
$57.3 million |
| Norske Skog/UPM-Kymmene |
Acquisition of Walsum and Parenco mills following UPM-Kymmene's takeover of Haindl |
Deutsche Bank for Norske Skog |
Euro 1.08 billion |
| OEM/Savia |
Acquisition of Empaques Ponderosa |
BBVA-Bancomer for OEM |
$285 million |
| Pope & Talbot/Norske Skog Canada |
Acquisition of Mackenzie pulp mill |
Raymond James for Pope & Talbot |
C$ 163 million |
| Portucel/Arjo Wiggins |
Acquisition of 40% of Soporcel |
Various advisors for Portucel |
Euro 474.7 million |
| SCA/Georgia-Pacific |
Acquisition of away-from-home tissue assets |
Credit Suisse First Boston (CSFB) for SCA |
$850 million on a debt-free basis |
| SCA/Tuscarora |
Acquisition |
Deutsche Bank for SCA |
$230 million |
| Stora Enso/AssiDomän |
Packaging joint venture to form Billerud |
Carnegie for AssiDomän and Enskilda Securities for Stora Enso |
Not disclosed |
| Suzano/CVRD |
Acquisition of controlling stake in Bahia Sul |
JP Morgan Chase for Suzano |
$320 million |
| Tembec/Crown Vantage |
Acquisition of St Francisville mill |
Goldman Sachs for Tembec |
$184 million |
| Tembec/La Rochette |
Acquisition of Cellurhône and Pyrénécell pulp mills |
Goldman Sachs for Tembec |
C$ 250 million |
| UPM-Kymmene/Changshu paper mill |
Acquisition |
No adviser for UPM-Kymmene. |
$150 million |
| UPM-Kymmene/Haindl |
Acquisition |
Merrill Lynch for UPM-Kymmene |
Euro 2.9 billion |
| UPM-Kymmene/Repap Enterprises |
Acquisition |
RBC Dominion Securities for UPM-Kymmene. Donaldson, Lufkin & Jenrette for Repap |
C$ 160 million |
|
| * Deal was announced prior to September 2000, but took place between September 2000 and September 2001. |
