Market welcomes Sappi’s R4.7bn exit from Europe’s graphic paper sector

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

The pulp-and-paper producer sells three mills as it switches its focus

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.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 12. in FR
 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

Does this improve their share value because last I checked it was bad bad…

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Porsche blockbuster IPO no panacea for Europe’s market slumpProceeds from ECM deals in Europe dropped 82% in the third quarter — making it the worst on record
La source: BDliveSA - 🏆 12. / 63 Lire la suite »