Norske Skog Says No News on Sale of Mills in China
Feb. 9, 2009 - Norske Skog said that regardless of Chinese media speculation about the possiblity of the company selling its paper mills in China, there is nothing solid to report at this time.
An article in the South China Morning Post speculated on the sale of the Nordic papermaker's mills in China, which prompted the company to issue a press release today addressing the matter..
Norske Skog said that although it has mentioned evaluating divestments of assets and one of the alternatives under consideration is a sale of the mills in China, currently "there is nothing concrete to report."
Norke Skog added that if and when there is a deal, it will publish the news accordingly.
SOURCE: Norske Skog