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• KNP BT said it expects both sales and profits to rise.
• KNP BT said the sale was part of its strategy of
• Van Oordt, KNP BT's chairman, said.
• Both KNP and Swiss PTT said they were disappointed by the outcome.
• In Amsterdam KNP BT shares were unchanged at 46.4 guilders.
• KNP Leykam Chief Executive Wolfgang Pfarl said in an interview.
• The main KNP headquarters is empty, awaiting new occupants.
• Before the coup the KNP claimed to have 240, 000 members.
• This is just an effort by the CPP to weaken the KNP,
• KNP said it was disappointed to lose the bid.
• KNP BT stock rose 4.8 percent to 46.3 guilders.
• Last year, KNP BT made 157 million guilders in the second quarter.
• If there is an opportunity for collaboration or merger, KNP is interested.
• Shares of Dutch parent KNP BT rose 1.0 percent in Amsterdam.
• KNP BT makes paper and plastic packaging boards, graphics paper and newsprint.
• Sappi also bought its subsidiary, papermaker KNP Leykam.
• On July 18 KNP set the share price at dlrs 11.50.
• Sam Rainsy, outspoken KNP president, could not be reached for comment.
• Analysts applauded KNP BT's decision to trade flexible for waste paper packaging.
• KNP and Societe Generale will each have a 50 percent stake in the company.