Source Pravda.Ru

Glatfelter Co to Own Concert Industries Corp

PH Glatfelter Co, a manufacturer of specialty papers and engineered paper products, announced on Tuesday it is buying Concert Industries Corp from Brookfield Asset Management Inc for C$246.5 million ($237 million).

Glatfelter expects the acquisition to modestly add to 2010 earnings and add $0.20 to $0.25 per share to 2011 earnings.

Concert is a leading supplier of feminine hygiene products. Its customers include Procter & Gamble Co, Johnson & Johnson, SCA and Kimberly-Clark.

The deal, which Glatfelter plans to finance through a combination of cash on hand and debt, is expected to close by the end of the first quarter of 2010, according to Reuters' report.

The majority of experts in the field of armaments admit that made-in-Russia weapons can be referred to as best weapons in the world. To substantiate this point, suffice it to recall that many countries make their own ripoffs of world-famous Russian weapons.

Three types of weapons that were stolen from Russia

The majority of experts in the field of armaments admit that made-in-Russia weapons can be referred to as best weapons in the world. To substantiate this point, suffice it to recall that many countries make their own ripoffs of world-famous Russian weapons.

Three types of weapons that were stolen from Russia