Archives for October 22, 2012

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Stora Enso wields knife as part of restructuring plans

By Joe Whitworth

Stora Enso has announced a raft of restructuring efforts to reduce costs including the closure of a Finland plant and reductions in all the Swedish sites that have corrugated packaging operations.

ADM gears up for $2.8bn takeover of GrainCorp

By Kacey Culliney

Archer Daniels Midland is in talks with Australian commodity giant GrainCorp after putting forward an offer just shy of US$2.8bn (A$2.7bn) for a cash takeover.