Stora Enso is preparing to sell off approximately 12% of its total forest assets in Sweden, which total over 1.4 million hectares. The company has begun implementing a new legal structure for its Swedish forest assets to facilitate the potential sale. No other information regarding potential buyers has yet been announced. A potential transaction would be subject to agreeing terms and conditions with investors, including a long-term wood supply and a forest management agreement. The company said a sale would reduce its debt and strengthen the financial value of its forest holdings.
