Paperlinx can only hope that the UK is not in the sights of US paper merchants like International Paper.
Maybe IP only want to concentrate on India, Russia, China and Brazil.
But if they want the UK and want to speed the process up, IP can discount paper and deliberately make a loss for a year (they can easily afford it). That would put Paperlinx in close to receivership. Then they put in a take overbid, which all go to hybrid holders.
I think IP will still have a much greater preference for India etc. It is better for them to buy existing large packaging businesses, which is what they are doing.
US paper companies which are flourishing can buy up the best future assets with preference to packaging.
You would think Paperlinx must stitch a deal in India right now. They have so much to do in such a small amount of time.
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