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Stora Enso's Uetersen Mill buyer withdraws application for merger

2014-10-09 12:45:14| Paper - Topix.net

Helsinki, Finland, 2014-10-09 09:00 CEST -- STORA ENSO OYJ STOCK EXCHANGE RELEASE 9 October 2014 at 10.00 EET As earlier communicated, Stora Enso signed an agreement in May 2014 to divest its Uetersen specialty and coated fine paper mill in Germany to Brigl & Bergmeister, an Austrian specialty paper producer. Stora Enso recorded a negative non-recurring item of approximately EUR 34 million related to the planned disposal in the second quarter 2014 operating profit.

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