Quebecor World emerges from bankruptcy

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Quebecor World emerges from bankruptcy, to be renamed World Color Press MontrĂ©al—Quebecor World announced Wednesday that it has emerged from bankruptcy protection and plans to change its name to World Color Press, which was the name of one of the companies that merged to form Quebecor World in 1999.

Media reports previously speculated that the company would be renamed Nuvink.

In a press release, the company said it will “announce a renewed branding initiative during the next 60 days.”

“The restructuring and reorganizing process has made us financially healthier and allowed us to start fresh with a strong balance sheet and a leaner cost structure,” Jacques Mallette, the company’s president-CEO, said in a statement. “We believe the company is now better positioned to meet the present and future competition in the industry and to create value for our stakeholders.”

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