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Arctic Paper S.A. ( (DE:A0P) ) has shared an announcement.
Arctic Paper S.A. announced that its subsidiary, Rottneros AB, plans to issue new shares worth approximately SEK 300 million, subject to shareholder approval. Arctic Paper, which holds a 51% stake in Rottneros, has committed to acquiring its entitled shares and potentially additional shares to support the issue, aimed at reducing financial leverage and strengthening Rottneros’ financial position.
More about Arctic Paper S.A.
Arctic Paper S.A. operates in the paper industry and is primarily involved in the production and distribution of paper products. The company holds a significant stake in Rottneros AB, a subsidiary focused on paper manufacturing, highlighting its market focus on paper and related products.
For an in-depth examination of A0P stock, go to TipRanks’ Stock Analysis page.
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