|
|
Article: Masisa Retains its Forestry Assets in Argentina and Executes its Put Option with Sonae Industria.
- Article from:
- PR Newswire
- Article date:
- July 1, 2008
CopyrightCOPYRIGHT 2008 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
-- The forestry assets consider 38,000 hectares of pine and eucalyptus plantations, and forestable land in Argentina.
-- Masisa and Sonae did not reach a merger agreement for their subsidiaries, Masisa Brasil and Tafisa Brasil, ending the negotiating process. Masisa executed its Put Option with Sonae for the total equity participation that Masisa maintains in Tafibras.
SANTIAGO, Chile, July 1 /PRNewswire-FirstCall/ -- MASISA S.A. (hereinafter referred to as "Masisa" or "the Company"), a leader in wood board production for furniture and interior architecture in Latin America, today informed that through two "significant events" it will retain its ...