The shares of dissolving pulp-and-paper producer Sappi climbed to their highest level in four weeks on Thursday after it announced the sale of three of its mills in Europe as it looks to focus on the commercial print market on the continent.
The share price climbed as much as 7.71% to R48.64, to reach levels last touched on August 29, before retracting to settle 6.07% higher at R47.90. ..A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
Does this improve their share value because last I checked it was bad bad…
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