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Management Side
Canfor acquires additional shares in Vida

Vancouver, BC (News release) - Canfor Corporation announced that it has acquired 7% of outstanding shares of VIDA AB effective Dec. 10.

The shares were acquired from certain minority shareholders utilizing their option privileges under the February 2019 agreement in which Canfor purchased 70% of VIDA AB, Sweden's largest privately owned sawmill company.

After concluding this transaction, Canfor owns 77% of VIDA AB.

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