Segezha Group taking over Forest Rus for US$515m

Additional forest resources creating basis for construction of new works

Segezha Group wants to take over OOO Inter Forest Rus from the investment company Bonum Capital, all of Moscow, Russia, for RUB36.5bn (roughly equivalent to US$515m). According to the release published by Segezha on 11 October 2021, the forest area cultivated by the group will increase by 150% to 16m ha and the ...

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