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
May 31, 2000
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 May 31, 2000, of St. Laurent Paperboard Inc.
announcing that Smurfit-Stone Completed the acquisition of St.
Laurent Paperboard Inc.
<PAGE>
On May 31, 2000 St. Laurent Paperboard Inc. publicly issued a press release
announcing that Smurfit-Stone Completed the acquisition of St. Laurent
Paperboard Inc.
Exhibit I -- Press Release dated May 31, 2000, of St. Laurent Paperboard Inc.
announcing that Smurfit-Stone Completed the acquisition of St.
Laurent Paperboard Inc.
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: May 31, 2000
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
Smurfit-Stone
[GRAPHIC OMITTED]
St. Laurent Paperboard INc.
[GRAPHIC OMITTED]
P R E S S R E L E A S E
For Immediate Release
SMURFIT-STONE COMPLETES THE ACQUISITION OF
ST. LAURENT PAPERBOARD INC.
CHICAGO AND MONTREAL, May 31, 2000 - Smurfit-Stone Container Corporation
("Smurfit-Stone"), Chicago, Illinois, (NASDAQ: SSCC), today announced that it
has completed the acquisition of St. Laurent Paperboard Inc. ("St.Laurent"),
Montreal, Quebec, (TSE: SPI; NYSE: SLW).
St. Laurent shareholders will receive US$12.50 (CAN$18.72) in cash plus one-half
share of Smurfit-Stone common stock for each St. Laurent share owned. To finance
the transaction, Smurfit-Stone raised approximately US$625 million in new debt
and issued on the closing date approximately 25 million new shares of common
stock, increasing the number of fully diluted shares outstanding to
approximately 250 million. Smurfit-Stone also refinanced about US$386 million of
St.Laurent debt.
Smurfit-Stone, which was created by the November 1998 merger of Jefferson
Smurfit Corporation and Stone Container Corporation, is the industry's leading
manufacturer of paper and paperboard-based packaging, including containerboard,
corrugated containers, industrial bags, and claycoated recycled boxboard; and is
the world's largest paper recycler. In addition, Smurfit-Stone is a leading
producer of solid bleached sulfate, folding cartons, paper tubes and cores, and
labels. Net sales in 1999 were US$7.2 billion. With this acquisition, the
company now employs approximately 40,000 and operates approximately 325
facilities in North America. The company has a production capacity of 7.5
million tons of containerboard and one million tons of other packaging grades.
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FOR FURTHER INFORMATION:
Smurfit-Stone Container Corporation
Timothy McKenna (Investors) Tom Lange (US Media)
Vice President, Investor Relations and (314) 746-1236
Communications
(312) 580-4637 Mylene Labrie (Canadian Media)
(514) 864-5103
www.smurfit-stone.com
