Quebecor World -- Back on Top of Its World

Europe was the thorn in Quebecor World’s paw. These operations not only didn’t turn a profit, they required cash to stay afloat, hindering Quebecor World’s ability to focus on North America. The sale of its European operations last June to Hombergh/De Pundert Group (HHBV) for $206.5 million has shifted attention back to where it belongs.