GO
Loading...

BRIEF-SCA sells stake in newsprint mill in Britain

STOCKHOLM, Oct 2 (Reuters) - SCA :

* Divests newsprint mill in aylesford

* has divested its 50% shareholding in the UK-based newsprint facility Aylesford Newsprint to the private equity company Martland Holdings

* Says the transaction involved a book loss of SEK 850M (GBP 80M) and a

negative cash flow effect of SEK 140M (GBP 13M) for SCA

* The sale of shares was carried out on a debt-free basis for a symbolic amount

* The loss will be booked in the third quarter of 2012 ((Stockholm Newsroom; +46 8 700 1017))