The Swedish state-owned forestry company Sveaskog has started talks to discuss the possibility of making a takeover offer for all of the shares in AssiDomn.
A spokeswoman for AssiDomn said that a takeover offer of that sort would only be made once the company had carried out its planned dividend of shares in Billerud and its cash transfer of 765m (SEK12bn) through a share redemption announced in May this year.
Shares in AssiDomn soared by over 17%, to 17 (SEK262) per share after the announcement.
"We hope to conclude the talks as quickly as possible, after which additional information will be provided," said the spokeswoman.
The Swedish state owns just over 35% of AssiDomn.
Have your say in the Printweek Poll
Related stories
Latest comments
"And here's me thinking they bought the Docklands Light Railway."
"15 x members? Why don't they throw their lot in with the Strategic Mailing Partnership (SMP) and get a louder voice?"
"Some forty plus years ago I was at a "sales" training seminar and got chatting to the trainer after the session had finished.
In that conversation he told me about another seminar he had..."
Up next...
Further breathing space
'Serious group' interested in Highcon, new deadline set
Automation welcomed
Colourbridge enhances efficiency with new Duplo multi-finisher
New business unit includes OpSec
