G-P selling 60% of unisource for $525 million

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Georgia-Pacific has sold a 60% stake in its Unisource World wide paper distribution unit to Bain Capital Inc, a private investment firm based in Boston. The deal is expected to close during the fourth quarter. G-P has had the distribution business for sale since last year, after it sold most of its white paper business and four paper mills to Domtar.
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