Brief: Sylvamo Adopts Shareholder Rights Plan
22/04/2022 13:06
April 22 (Reuters) - Sylvamo Corp SLVM.N :
* SYLVAMO ADOPTS SHAREHOLDER RIGHTS PLAN
* SYLVAMO CORP - RIGHTS PLAN IS EFFECTIVE IMMEDIATELY.
* SYLVAMO - BOARD ADOPTED PLAN AFTER ATLAS HOLDINGS
CONFIRMED IT
ENTERED INTO A BLOCK TRADE THAT WOULD GIVE ATLAS NEARLY 14% OF
CO'S OUTSTANDING SHARES
* SYLVAMO CORP - RIGHTS PLAN HAS A ONE-YEAR TERM, EXPIRING
APRIL
21, 2023
Source text for Eikon: ID:nBw5XS6w8a
Further company coverage: SLVM.N
((Reuters.Briefs@thomsonreuters.com;))
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