Strategic Value Partners LLC, through Coniferous Bidco AB, has announced a public offer to the shareholders of Nordic Paper Holding AB for all the shares in the company, at a price of SEK 50 in cash per share, for a total offer of approximately SEK 3,345 million. The largest shareholder in Nordic Paper, Shanying International Holding Co. Ltd via its wholly owned subsidiary SUTRIV Holding AB, representing approximately 48 per cent of the shares in the company, has irrevocably undertaken to accept the offer.
KANTER has assisted SUTRIV in connection with the offer.