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SCA raises stake in Chinese tissue maker Vinda

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Published in issue 9/2008
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Swedish company Svenska Cellulose Aktiebolaget (SCA) has raised its stake in Chinese tissue manufacturer Vinda from 14% to 19%. In late March last year, SCA had acquired a 20% share in Hong Kong-based Vinda for SKr330m. However, SCA’s share shrunk to 14% when the Chinese company went public in July 2007. Jan ...

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