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West Coast Paper Mills shares rally 13% on decision to acquire stake in International Paper

Updated : May 30, 2019 10:50 AM IST

At 09:40 AM, the stock price was up 8.03 percent to Rs 283.90 per share on NSE. 
WCPM on Wednesday said the company has entered into a share-purchase agreement to acquire about 51-60 percent stake in International Paper’s (IP) Indian unit, International Paper APPM Ltd.
West Coast Paper Mills shares rally 13% on decision to acquire stake in International Paper
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