The divestment of Stora Enso's entire 80% shareholding in the Arapoti magazine paper mill in Brazil to Papeles Bio Bio, a Chilean paper producer, has been completed.
Anthony Pratt calls it his "billion dollar hamburger". Aptly for the billionaire, the burger he refers to - a huge paper mill he opened on Friday in Valparaiso, Indiana - is the biggest bite Pratt has taken in the United States yet.
SCA announced that its divestment of its business in South East Asia, Taiwan and South Korea for integration with Vinda International Holdings Limited is expected to close as of today, April 1.
