Quebecor World Consolidates Divisions

Quebecor World feels the new structure will result in greater synergies, shared resources and faster decision making with a focus on delivering complete value-added solutions to two principle customer bases: multi-channel marketers and publishers.

In other company news, Quebecor World signed a definitive purchase agreement for the sale of its European operations to Hombergh/De Pundert Group (HHBV), a Netherlands-based investment group, valued at approximately 133 million euros ($206.5 million).