Sylvamo Enters Put Option Agreement To Sell Its Europe Business, Including Uncoated Freesheet Paper Mills In France And Sweden, As Well As Forestry Operations; Terms Not Disclosed
Put option agreement with Midas Atlantic Partners, in partnership with The Najafi Companies, for a binding offer to acquire the company’s Europe business, including its uncoated freesheet paper mills in Saillat, France,
Sylvamo made a deal to possibly sell its European paper mills and forests. This shows the company is reshaping itself, so watch to see if this means better focus or tough times ahead.
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