Ann: Cardia announces proposed merger with Stellar Films Group, page-11

much more interested in their 50% investment in Akronn (silcone-coated paper !) and their manufacturing capacity and technology in Malaysia

As I said will wait to get more info on this and why both parties think this is a good step for both companies

Maybe the synergies are so good that a merger is more advantageous than just doing JV projects ?

Cardia has been shifting into the personal hygiene market and Stellar certainly is in that - combine the two and hopefully the can launch a new product range and corner a slice of that huge market ?