Business News

Stora Enso finalises acquisition of remaining shareholding in Sunila Pulp Mill

Friday 15. May 2009 - Stora Enso has finalised the acquisition of Myllykoski Paper's remaining 49% minority shareholding in Sunila Oy in Finland after receiving all the necessary approvals from the competition authorities.

The purchase price is EUR 6 millionsubject to final adjustment for working capital. The final financial effects ofthis transaction on Stora Enso will be disclosed on 23 July 2009 when StoraEnso’s second quarter 2009 results are released.