Stora Enso to Spin Off Swedish Forests Into €5.7 Billion Company
Finnish forestry company Stora Enso Oyj plans to spin off its Swedish forest assets valued at €5.7 billion ($6.6 billion), creating what would be Europe’s largest listed pure-play forestry group.
By Kati Pohjanpalo · Bloomberg
Finnish forestry company Stora Enso Oyj plans to spin off its Swedish forest assets valued at €5.7 billion ($6.6 billion), creating what would be Europe’s largest listed pure-play forestry group.