Stora Enso has today agreed to sell 40% of its shareholding in Billerud AB (20% of the company) to AssiDomän AB in accordance with an option agreement made last autumn.
Billerud's shares are expected to be listed on the Stockholm stock exchange before the end of this year. Stora Enso now has a 30% shareholding in Billerud following this transaction.
The financial effect is minor. There will be no change in interest-bearing net debt since associated companies are already treated as interest-bearing assets.
For further information, please contact:
Bo Eriksson, Senior Vice President, Corporate Controller, tel. +358 2046 21494
