Stora Enso increases stake in Suzhou

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Stora Enso has acquired Purple Charta Investment’s 20% stake in the joint venture company Stora Enso Suzhou Paper Co. thus increasing its stake in the JV to 80.87%. Suzhou Hua Sheng Paper Mill and Suzhou Handicraft Industry Cooperative will continue to hold the remaining stake of 19.13%. Stora Enso Suzhou Paper Co. ...

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