Stora Enso signs agreement to acquire forest assets in Bergvik Skog
STORA ENSO OYJ INVESTOR NEWS 30 November 2018 at 9.30 EETThe shareholders of Bergvik Skog AB, a Swedish forest holding company, have signed a binding agreement regarding the previously announced intent to restructure its ownership. With this agreement, the parties aim to complete the transaction during the first half of 2019. Stora Enso’s forest holdings in Sweden will increase to 1.4 million hectares, of which 1.15 million hectares is productive forest land. The total value of the transaction in Stora Enso’s balance sheet is estimated to be approximately EUR 1.0 billion.“I am pleased