The exchange operator Nasdaq has decided to remove the observation status of the paper mill company Nordic Paper, which means that the share is returned to its regular place on Nasdaq Stockholm. This is stated in a stock exchange release.
The background is that the bidder Strategic Value Partners, through the bidding company Coniferous Bidco, has ended its takeover bid. The bidder achieved an ownership of 85.67 percent of the capital and votes in Nordic Paper.
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