FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16 of
the Securities Exchange Act of 1934
December 6, 1999
ST. LAURENT PAPERBOARD INC.
(Translation of registrant's name into English)
630 Rene-Levesque Boulevard, West, Suite 3000,
Montreal, Quebec H3B 5C7
(Address of principal executive offices)
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...
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..
INFORMATION FILED WITH THIS REPORT
The following document is filed as an Exhibit to this Report:
Exhibit I -- Press Release, dated December 6, 1999, of St. Laurent Paperboard
Inc. announcing that it has purchased the remaining 51% interest in
voting stock of Eastern Container Corporation.
<PAGE>
On December 6, 1999 St. Laurent Paperboard Inc. issued a press release
announcing that it has purchased the remaining 51% interest in voting stock of
Eastern Container Corporation.
Exhibit I -- Press Release, dated December 6, 1999, of St. Laurent Paperboard
Inc. announcing that it has purchased the remaining 51% interest in
voting stock of Eastern Container Corporation.
SIGNATURE
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.
Date: December 6, 1999
ST. LAURENT PAPERBOARD INC.
(Registrant)
By: /s/ Richard Garneau
-------------------------------
Name: Richard Garneau
Title: Senior Vice President and
Chief Financial Officer
St. Laurent Paperboard Inc.
<PAGE>
EXHIBIT I
PRESS RELEASE
For immediate release
St. Laurent Paperboard Inc. purchases the remaining
51% interest in Eastern Container Corporation
Montreal, Quebec, December 6, 1999 - St. Laurent Paperboard Inc. ("St.
Laurent"), Montreal, Quebec (TSE: SPI; NYSE: SLW) announces that it has
purchased the remaining 51% interest in voting stock of Eastern Container
Corporation ("Eastern") held by an independent Canadian investor (the
"Investor").
The acquisition of the 51% majority interest was paid in cash. Under the
original terms of its agreement with the Investor, St. Laurent had the ability
to pay for such acquisition, at its option, by way of cash or the issuance of
common shares of St. Laurent.
This acquisition corresponds with St. Laurent Paperboard's strategic objectives,
namely focusing on value-added quality niche products, and maximizing
shareholder value by increasing its integration level through growth in
value-added conversion.
Eastern is a value-added specialty and protective packaging manufacturer of
corrugated/wood/foam packaging, corrugated sheets and containers, industrial
and consumer packaging, and point of purchase displays and packaging for the
retail and high tech industries. Eastern operates three corrugated converting
facilities in Massachusetts and serves the New England States and greater New
York markets. Eastern employs approximately 560 people at its facilities.
St. Laurent Paperboard Inc. is a major North American producer of high-quality,
value-added paperboard substrates and packaging solutions, with more than 4,200
employees, including Eastern, serving a diverse customer base in North America
and selected international markets. St. Laurent operates four primary mills and
16 packaging facilities in Canada and the United States.
INFORMATION:
Mr. Richard Garneau
Senior Vice President and Chief Financial Officer
ST. LAURENT PAPERBOARD INC.
Tel: 514-864-5102
http://www.stlaurent.com
