News: Stora Enso Oyj (STEAV.HE)

STEAV.HE on Helsinki Stock Exchange

23 Dec 2014
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€0.14 (+1.88%)
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Sat, Dec 13 2014

Stora Enso sells German paper mill to Perusa Partners

STOCKHOLM, Dec 13 - Finnish paper manufacturer Stora Enso said on Saturday it was selling a loss-making speciality fine paper mill in Germany to a company mainly owned by the private equity fund Perusa Partners Fund 2 for about 7 million euros.

Stora Enso's German paper mill deal cancelled

HELSINKI, Oct 9 - Finnish pulp and paper maker Stora Enso said on Thursday a deal to sell its loss-making paper mill in Uetersen, Germany to Austria's Brigl & Bergmeister had been cancelled due to opposition from Germany's competition watchdog.

RPT-Fitch Plans to Withdraw Ratings on Stora Enso

July 2 - (The following statement was released by the rating agency)

UPDATE 2-New Stora Enso CEO's task to improve paper profits

* Shares down 0.4 pct vs 0.3 pct drop in Helsinki bourse (Rewrites first paragraph, adds comments on strategy, consolidation)

New CEO says Stora does not necessarily have to consolidate

HELSINKI, June 30 - Finnish paper maker Stora Enso's incoming chief executive said on Monday that the company could take part in industry mergers if it profited the company, but does not have to, as much of restructuring has already been done.

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