Stora Enso board approves plan to separate Bergslagets Skogar into listed company
Bitget2026/10/30 06:32- Stora Enso's board approved a plan to separate its Swedish forest assets business into Bergslagets Skogar, a new listed company.
- Completion is planned for March 31, 2027, with trading on Nasdaq Stockholm and Nasdaq Helsinki to begin as soon as possible thereafter.
- The transaction requires shareholder approval at a meeting expected on December 15, 2026; holders representing 69.9% of votes have pledged support.
- The separation would reduce the parent's net debt by approximately EUR 800 million; Bergslagets Skogar expects approximately SEK 9.1 billion net debt.
- Bergslagets Skogar targets ordinary dividends of 80%-100% of adjusted net income, with a net loan-to-value ratio of 0%-20%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Asia-Pacific stock markets follow the overnight rally in US tech stocks, with South Korea's KOSPI up 5% at the open, SK Hynix surging more than 7%, and Nikkei 225 rising over 2%.
This round of rebound occurred after the market experienced severe turbulence. Last week, concerns over the potential for stricter regulation of the artificial intelligence industry, due to the US Congressional election results, triggered a large-scale sell-off in chip stocks. Several market participants believe that this rebound indicates investors have not abandoned the AI trading narrative, and last week’s sell-off was more about position adjustments rather than a trend reversal.
Barrick’s Marquee gold project faces hazy study timing
Japanese and South Korean stock markets open
Marvell Technology (MRVL.US) $115 billion "merger of the century" faces lukewarm reception! Stock has dropped over 40%, experts estimate only a 50% chance of completion
Marvell plans to acquire Lamington for 115 billions USD to strengthen its position in AI, but the probability of completion is only 50%. The two stocks have dropped by nearly 40% and about 35% respectively, with Chinese regulatory approval being the biggest uncertainty.
Crypto prices
More
