English

Metsä Group’s call option on Metsä Fibre shares has been used

Report this content

Metsä Group Stock Exchange Release 24 April 2012 at 10.00 am EET


Metsä Group’s parent company Metsäliitto Cooperative has today completed the exercise of its call option on UPM-Kymmene Corporation’s 11 per cent ownership in Metsä Fibre. The price of the shares purchased under the call option was EUR 150 million as announced earlier.


METSÄ GROUP
Group Communications

For further information, please contact:
Esa Kaikkonen, Executive Vice President and General Counsel, Metsä Group, tel. +358 10 465 4749


www.metsagroup.com

Metsä Group is a responsible forest industry group whose products are part of people’s everyday life and promote sustainable well-being. Metsä Group produces high-quality products mainly from renewable Nordic wood. The Group’s core businesses areas are tissue and cooking papers, board and paper, pulp, wood products as well as wood supply. Metsä Group’s sales totalled EUR 5.3 billion in 2011, and it employs approximately 12,500 people. The Group operates in some 30 countries.

Subscribe