M-real to sell majority of Metsä Tissue

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Finnish M-real announced plans to sell 66% of its wholly-owned subsidiary Metsä Tissue to Metsälitto Osuuskunta. The two companies have signed a letter of intent with a view to finalising the €294m transaction by the end of the year. According to Jouko Jaakkola, President and CEO of M-real, the company is ...

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