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Quebecor Printing - Financiere Jean Didier.

MONTREAL, Quebec--(BUSINESS WIRE)--Sept. 1, 1995--Quebecor Printing Inc. confirms that it is in a dispute with Mr. Jean Didier, over a balance of payment as a result of the Financiere Jean Didier acquisition.

The amount in contention is FF 31 million (US $6 million). After having invested to date more than FF 420 million (US $80 million), Quebecor Printing intends to defend its rights vigorously and resolve the matter expeditiously.

Quebecor Printing Inc., a subsidiary of Quebecor Inc., is the largest commercial printer in Canada, the second largest in North America and among the largest in Europe. The Company has over 22,000 employees working in 87 printing and related services plants in Canada, France, India, Mexico, the United Kingdom and the United States.

Quebecor Printing is a leader in web offset, gravure and sheetfed printing in each of its major product categories, including inserts and circulars, magazines, books, catalogues, directories, cheques, bonds and banknotes, specialty printing and newspapers. It also specializes in CD-ROM mastering and replicating.

Quebecor Printing Inc.'s Subordinate Voting Shares are listed on the Montreal and Toronto Exchanges.

CONTACT: Quebecor Printing Inc., Montreal

Pierre L. Roy, 514/954-0101

Quebecor Printing-Europe

Jean-Pierre Anselmini

Tel. 011-33-1-44-51-15-30
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Copyright 1995, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Sep 1, 1995
Words:199
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