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Stora Enso Proceeds with Papeteries de France Acquisition.

Publication: PR Newswire
Publication Date: 24-FEB-05
Format: Online
Delivery: Immediate Online Access

Article Excerpt
Stora Enso today announced that Stora Enso and International Paper have signed a definitive agreement concerning Stora Enso's previously announced acquisition of the French paper merchant Papeteries de France (PdF) from International Paper. The transaction is expected to be closed at the end of March 2005, subject to formal processes and approval by regulatory authorities. The debt free transaction value is estimated to EUR 18 million.

PdF will become...

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