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Gunns offloading assets in a bid to finance pulp mill project

GUNNS IS ignoring current market conditions and conducting a fire sale of its assets in a bid to finance its $2.5 billion Bell Bay pulp mill. Some analysts say that despite good quality assets there are a number of other similar assets on the market at the moment. However, Gunns is adamant the sale would give it sufficient funds to build and operate the Tamar plant. Continue reading »»»

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