Masisa engages UBS to sell areas of forest plantations

Book value of the plantations at the end of the year given as 535 million US$

In the course of the restructuring measures underway for some considerable time, the wood-based panel manufacturer Maderas y Sinteticos S.A. (Masisa) of Santiago de Chile, Chile, is now also selling its forests in Argentina and Chile. A corresponding decision was taken by the board of directors on 5 April 2018. ...

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