Stora Enso finalises acquisition of remaining shareholding in Sunila Pulp Mill
STORA ENSO OYJ STOCK EXCHANGE RELEASE 15 May 2009 at 06.00 GMT
Stora Enso has finalised the acquisition of Myllykoski Paper's remaining 49%
minority shareholding in Sunila Oy in Finland after receiving all the necessary
approvals from the competition authorities. The purchase price is EUR 6 million
subject to final adjustment for working capital. The final financial effects of
this transaction on Stora Enso will be disclosed on 23 July 2009 when Stora
Enso's second quarter 2009 results are released.
For further information, please contact:
Markus Rauramo, CFO, tel. +358 2046 21121
Lauri Peltola, Head of Group Communications, tel. +358 2046 21380
Ulla Paajanen-Sainio, VP, Investor Relations and Financial Communications, tel.
+358 2046 21242
Previous press release concerning Sunila Pulp Mill is available at
www.storaenso.com/press
23 April 2009: Stora Enso reduces sawn wood capacity permanently and buys
remaining shareholding in Sunila Pulp Mill
www.storaenso.com
www.storaenso.com/investors
Stora Enso is the world leader in forest industry sustainability. We offer our
customers solutions based on renewable raw materials. Our products provide a
climate-friendly alternative to many non-renewable materials, and have a smaller
carbon footprint. Stora Enso is included in the Global 100 list of the world's
most sustainable companies. Stora Enso is also listed in the Dow Jones
Sustainability Index, the FTSE4Good Index, and the Climate Disclosure Leadership
Index. Stora Enso employs 29 000 people worldwide, and our sales in 2008
amounted to EUR 11.0 billion.
STORA ENSO OYJ
Jari Suvanto Ulla Paajanen-Sainio