Brief: Nordic Paper Explores Potential Sale Of Company

Nordic Paper Holding AB

12/03/2024 09:44

March 12 (Reuters) - Nordic Paper Holding AB
 NPAPER.ST :
    * NORDIC PAPER DECIDES TO EXPLORE A POTENTIAL SALE OF THE
COMPANY
IN RESPONSE TO SHANYING'S ANNOUNCED INTENTION TO DIVEST ITS
48.16% STAKE
    * IT IS FURTHER NOTED BY COMPANY THAT INTENTIONS ARE AT AN
EARLY
STAGE AND THAT THERE CAN BE NO GUARANTEE THAT A SALE WILL BE
ACHIEVED OR AT WHAT TERMS, INCLUDING PRICE
    * SHANYING, VIA ITS WHOLLY OWNED SUBSIDIARY SUTRIV HOLDING
AB,
CURRENTLY HOLDS 48.16% OF OUTSTANDING SHARES IN NORDIC PAPER
    * TO INITIATE A PROCESS TO EXPLORE POTENTIAL INTEREST FROM
THIRD
PARTIES FOR ALL SHARES IN COMPANY
    * PROCESS MAY ULTIMATELY RESULT IN A PUBLIC TENDER OFFER FOR
ALL
OUTSTANDING SHARES IN NORDIC PAPER

Source text for Eikon:  ID:nWkr6Ftv8B 
Further company coverage:  NPAPER.ST 

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