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Equity funds should hug trees

2nd Feb 2006, 09:21 GMT

The Canadian pulp and paper industry is casting about for a hero. Could a private equity fund be up to the task?In the face of well-documented problems of too many mills making paper for too few customers, once-proud forestry companies have been felled. The latest sign of the sector's fall came this week when the world's largest newsprint maker, Norske Skog, threw in the towel in North America. (INSIDER Edition subscribers only)

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