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Stora Enso Board Approves Demerger of Swedish Forest Assets Into New Listed Company

MT Newswires·10/30/2026 04:58:09
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04:58 AM EDT, 10/30/2026 (MT Newswires) -- Stora Enso (STEAV.HE, STERV.HE) board approved a plan to separate its Swedish forest assets business into a new listed company, Bergslagets Skogar, through a cross-border partial demerger, according to a Friday release. The demerger is subject to shareholder approval at an extraordinary general meeting expected on Dec. 15, 2026, with completion planned for March 31, 2027. Stora Enso shareholders will receive one share of the corresponding class in Bergslagets Skogar for each share held in the Finnish forest industry company. Bergslagets Skogar plans to list on Nasdaq Stockholm and Nasdaq Helsinki. It aims to distribute 80% to 100% of adjusted net income as ordinary dividends.