Stora Enso Oyj (STERV.HE)
HELSINKI Finnish pulp, paper and packaging board maker Stora Enso missed quarterly profit expectations on Friday, partly blaming wood supply problems stemming from the exceptionally hot and dry weather in the Nordics.
* Shares fall 10 pct, but remain 24 pct up on year ago (Adds comments, background)
June 12 The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Tuesday:
HELSINKI, June 12 The Finnish government's investment arm, Solidium, said on Tuesday it had sold a small stake in pulp and paper maker Stora Enso to raise funds for new investments.
HELSINKI Pulp, paper and packaging board maker Stora Enso on Friday reported better than expected quarterly profit, thanks to price increases and cost control at its troubled paper business.
* Paper demand falls in Europe but biggest producers still profit
HELSINKI/PARIS France's Areva SA settled a long-running dispute with Finland's Teollisuuden Voima (TVO) by agreeing to pay 450 million euros ($554 million) for cost overruns and delays at a nuclear reactor it is building with Germany's Siemens.
* Unit due to provide 10 pct of Finland's power needs (Adds payment details, minister quote)