Kronospan boosts its stake in West Fraser to 7.8% after purchasing more shares

Banasino Investments and ECCM have invested around €620m to date

Banasino Investments Ltd., an investment firm based in Nicosia, Cyprus, and affiliated with the Kronospan Group, has acquired 7.8% of the shares in the Canadian wood-based panel and lumber producer West Fraser Timber Co. Ltd., headquartered in Vancouver, British Columbia, following several share purchases. According...

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