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Saturday, May 21, 2022

Tag: forestry

Norske Skog finally gets a new owner

After years of debt crisis, bankruptcy and a four-month-long bidding process, a London-based hedge fund has finally emerged as the new owner of the...

Norske Skog waits for new owner

The ongoing rescue process for Norwegian forest products firm Norske Skog has been characterized by "aggressive" and "extremely cynical" creditors. CEO Lars Sperre talked about...

Price hike delays Norske Skog sale

A rise in the price of newsprint seems to have delayed the anxiously awaited sale of Norwegian forest products company Norske Skog. Newsprint is...

Industrialist bids for Norske Skog

UPDATED: Jens Ulltveit-Moe, one of Norway's most well-known investors who's lately become a climate activist, has emerged as among the bidders for Norwegian forestry...

As many as 10 bidders for Norske Skog

Media buzz around Oslo-based forestry firm Norske Skog has tapered off in recent weeks, but now comes news that between five and 10 "serious"...

Norske Skog files for bankruptcy

The board of the parent company for Norway's long-troubled forestry firm Norske Skog finally bowed to the chopping block on Tuesday. Their decision to...

More surprises in Norske Skog saga

The ongoing saga of debt-laden forest products company Norske Skog took a new turn on Thursday, after an investment arm of Norwegian industrial firm...

More drama grips Norske Skog

Norwegian forest products company Norske Skog isn't out of the woods yet, despite what it calls "strong support" for what's been billed as its...

Norske Skog seeks state support

Debt-burdened Norwegian forestry firm Norske Skog is on the verge of avoiding bankruptcy, but still hopes to receive some state support in the form...

Creditors unite to save Norske Skog

Norway's debt-plagued but profitable paper producer Norske Skog was saved from a bankruptcy filing this week, after various groups of creditors finally agreed on...

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