FORTUM AND STORA ENSO CLOSE THE DEAL ON POWER ASSETS

The transaction to buy Stora Enso’s power assets outside mills in Finland has been closed today. The transaction in Sweden will be closed on 5 June 2000. The approvals of the Finnish and Swedish competition authorities have been received in May. The proceeds will be paid on 31 May 2000 and on 5 June 2000.

             

Fortum Corporation

 

 

Antti Ruuskanen

Corporate Executive Vice President, Communications

 

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Helsinki Exchanges

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