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Rottneros AB Share Issue Oversubscribed, Boosting Capital

Story Highlights
  • Arctic Paper’s subsidiary Rottneros AB saw its rights issue oversubscribed by 109.9%.
  • The share issue will significantly increase Rottneros’ capital without needing Arctic Paper’s guarantee.
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Rottneros AB Share Issue Oversubscribed, Boosting Capital

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Arctic Paper S.A. ( (DE:A0P) ) has shared an announcement.

Arctic Paper S.A. announced the preliminary results of a share issue by its subsidiary Rottneros AB. The rights issue was oversubscribed at approximately 109.9%, indicating strong investor interest. This will increase Rottneros’ share capital significantly, enhancing its financial position without the need for a guarantee commitment from Arctic Paper.

More about Arctic Paper S.A.

See more data about A0P stock on TipRanks’ Stock Analysis page.

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