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A-C selling Port-Alfred and building at Thorold
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Construction - Mergers and acquisitions - Newsprint - Paper and pulp industry;
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Abitibi-Consolidated will sell its Port-Alfred newsprint mill in Québec as part of a final settlement reached with the Canadian Competition Bureau, related to its acquisition of Donohue last year. Following extensive negotiations, the antitrust unit required the mill's divestment because of the merger's potential impact on the Eastern Canadian newsprint market.
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