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The latest update is out from Norske Skog ASA ( (DE:0BQ) ).
Norske Skog has completed the sale of its Boyer mill in Australia to Boyer Capital Pty Ltd, transferring 100% of the share capital in Norske Skog Industries Australia Limited. This transaction signifies a strategic move for Norske Skog, allowing the mill to continue operations under local ownership, with the potential for future investment and development, thereby maintaining business relationships and operational continuity.
More about Norske Skog ASA
Norske Skog is a leading producer of publication paper and packaging, with a strong market presence in Europe through its four high-quality industrial sites. The company is focused on diversifying its operations and transforming into high-margin markets, supported by various development projects. Headquartered in Norway, it employs approximately 2,100 people and is listed on the Oslo Stock Exchange under the ticker NSKOG.
YTD Price Performance: -26.67%
Average Trading Volume: 189
Technical Sentiment Signal: Buy
Current Market Cap: €133.7M
See more data about 0BQ stock on TipRanks’ Stock Analysis page.