Stora Enso strengthens wood supply chain to its packaging board site in Oulu by acquiring a Finnish sawmill company [Yahoo! Finance]
STORA ENSO OYJ ADR R SH (SEOAY)
NASDAQ:AMEX Investor Relations:
storaenso.com/investors
Company Research
Source: Yahoo! Finance
This acquisition aims to secure a cost-efficient wood supply to Stora Enso's packaging board site in Oulu, Finland , and to support Stora Enso's wood products business with new production assets. The total enterprise value (EV) for the transaction is up to EUR 137 million , a significant part of it being contingent upon achieving specific production milestones. The transaction is subject to customary closing conditions including regulatory approvals, and is expected to close in the first half of 2025. Junnikkala Oy is a Finnish producer of sawn timber and processed wood products for domestic and export markets. It operates three sawmills in Finland including its new state-of-the-art sawmill, less than 10 kilometres from the Stora Enso Oulu site. The acquired sawmills will create synergies with the integrated board site in Oulu through long-term supply of raw materials such as wood chips, pulpwood and internally sourced biomass going from the sawmills to the Oulu site. "We are pr
Show less
Read more
Impact Snapshot
Event Time:
SEOAY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SEOAY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SEOAY alerts
High impacting STORA ENSO OYJ ADR R SH news events
Weekly update
A roundup of the hottest topics
SEOAY
News
- Stora Enso Oyj: Notification of Change in Holdings according to Chapter 9, Section 10 of the Finnish Securities Markets Act (25 December 2024)PR Newswire
- Stora Enso Oyj: Notification of Change in Holdings according to Chapter 9, Section 10 of the Finnish Securities Markets Act (24 December 2024)PR Newswire
- Wood Pellets Market Projected to Reach USD 20.5 Billion by 2032 | Rising Demand for Renewable Energy Drives Market Growth [Yahoo! Finance]Yahoo! Finance
- Stora Enso Reports Impairments Of 724 Mn Euros [Barron's]Barrons
- Stora Enso's fourth quarter 2024 impairment test results [Yahoo! Finance]Yahoo! Finance