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UPM sells ist stake in Metso

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Published in issue 11/2005
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UPM no longer has a stake in the Finnish Metso Corporation. The paper group announced on 8 March that it had sold its 19,922,115 shares in Metso at a price of €14.30 per share after an accelerated bookbuilt offering. Prior to the transaction UPM had held a 14.6% share in Metso. The company said the revenue from the ...

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