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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 6-K
REPORT OF FOREIGN ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 OF
THE SECURITIES EXCHANGE ACT OF 1934
For AUGUST 19, 1998
QUEBECOR PRINTING INC.
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(Translation of Registrant's Name into English)
612 Saint-Jacques Street, Montreal, Quebec, Canada H3C 4M8
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(Address of Principal Executive Office
(Indicate by check mark whether the registrant files or will file annual reports
under cover of Form 20-F or Form 40-F)
Form 20-F Form 40-F X
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(Indicate by check mark whether the registrant by furnishing the information
contained in this form is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of
1934.)
Yes No X
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PRESS RELEASES OF
QUEBECOR PRINTING INC.
FILED IN THIS FORM 6-K
August 19, 1998 (# 21\98)
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[LETTERHEAD]
August 19, 1998 21/98
FOR IMMEDIATE RELEASE
QUEBECOR PRINTING ACHIEVES CONTROLLING INTEREST OF
SWEDISH PRINTER TINA
MONTREAL - Quebecor Printing announced today it has achieved controlling
interest of Tryckinvest i Norden AB (TINA AB), Scandinavia's largest printer.
Quebecor Printing now owns a total of 6,049,306 shares representing
approximately 58.1% of TINA shares. Quebecor Printing's position results from
the Company's purchase of shares on the open market and the exercise of
irrevocable undertakings from certain shareholders.
Quebecor Printing announced on July 9, 1998 its recommended offer to acquire all
of the shares of TINA for the approximate sum of US $221 million plus the
assumption of US $51 million in debt. The acquisition is subject to 90% of
shareholders tendering their shares and compliance with Swedish regulatory
provisions. The offer is open for acceptances until August 21, 1998.
The acquisition is a 30% expansion of Quebecor Printing's European operations
and will strengthen the Company's position as one of Europe's leading commercial
printers by extending its rotogravure network throughout Scandinavia while
providing a market position through exports into Russia and the Baltic States.
With SEK1.6 billion (US $205 million) in annual revenue, TINA is the leading
magazine and catalog printer in Scandinavia and the largest rotogravure printer
with 57% of the Scandinavian rotogravure market.
Quebecor Printing Inc. (NYSE:PRW; ME:IQI; TSE:IQI), a diversified global
commercial printing company, is the largest commercial printer in Canada and one
of the largest in the United States and Europe. The Company is a market leader
in most of its major product categories which include magazines, inserts and
circulars, books, catalogs, specialty printing, related services, CD-ROM
mastering and replicating, directories as well as checks, bonds and banknotes.
The Company has over 27,000 employees working in more than 115 printing and
related facilities in the United States, Canada, France, the United Kingdom,
Spain, Germany, Chile, Argentina, Peru, Mexico and India.
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NOTE TO EDITORS: FOR FURTHER DETAIL ON THE ACQUISITION, PLEASE CONSULT QUEBECOR
PRINTING NEWS RELEASE AND BACKGROUNDER ISSUED JULY 9, 1998.
FOR FURTHER INFORMATION:
John Paul Macdonald
Director Communications
Quebecor Printing Inc.
(514) 954-0101
(800) 567-7070
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
QUEBECOR PRINTING INC.
By: (s) PHILIPPE MONTEL
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Name: Philippe Montel
Title: Vice President, Legal Affairs
and Secretary
Date: AUGUST 19, 1998
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