Metsä Group sells 24.9% stake in Metsä Fibre

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Metsä Group is reducing its exposure to pulp markets and is to sell a 24.9% share in Metsä Fibre to Japanese trading group Itochu Corporation. Itochu is to acquire the strategic stake for a cash price of €472m, corresponding to an enterprise value of €2.04bn for Metsä Fibre. The deal will include a 7.3% stake ...

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