July 26 (Reuters) - Cascades Inc CAS.TO :
* CASCADES INC - DEAL FOR CASH CONSIDERATION OF $34.2 MILLION
* CASCADES ANNOUNCES ACQUISITION OF THE BEAR ISLAND, VIRGINIA NEWSPRINT MILL AND PLANS TO CONVERT FACILITY TO RECYCLED CONTAINERBOARD PRODUCTION
* CASCADES INC - EXPECTS CASH FLOW TO REMAIN "SOLID" OVER COMING YEARS
* CASCADES INC - NEW MACHINE IS EXPECTED TO HAVE AN ANNUAL PRODUCTION CAPACITY OF 400,000 TONS