Australia's PaperlinX Gets Buyout Proposals -Reuters
December 22 2011 - 6:51PM
Dow Jones News
Australian's PaperlinX Ltd. (PPX.AX) has received an incomplete
and conditional proposal from an unnamed private equity firm for
its business, as well as other offers for part of its business,
Reuters reported Thursday citing a statement by the paper
manudacturer.
"The board of PaperlinX has not yet formed a view with respect
to any of the proposals and the company will provide an update in
due course," the company said, according to Reuters.
PaperlinX has hired UBS AG (UBS) as adviser, Reuters said.
Full story at
http://www.reuters.com/article/2011/12/22/us-paperlinx-idUSTRE7BL20120111222
-Dow Jones Newswires; 212-416-2900