SCA planning to buy roughly 10,000 ha of forest in Latvia

Svenska Cellulosa Aktiebolaget (SCA) of Stockholm, Sweden, has signed a bilaterally non-binding letter of intent with Latvian Forest Company AB of Enebyberg for the purchase of roughly 10,000 ha of forest in Latvia. If the deal goes through, the purchase price would be an estimated 260m SEK, roughly equivalent to 26m ...

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