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CORRECTION Stora Enso received 16.06 eur/shr for 5.4 pct Finnlines stake.
(From AFX Europe (Focus))
(corrects total figure received in 1st para to 35.48 mln eur)
HELSINKI (AFX) - Paper producer Stora Enso said it received 16.06 eur per share or 35.48 mln eur for its 5.4 pct stake in Finnlines, the Finnish shipping group said.
The disclosure ends speculation over the exact price the buyer, as yet unknown, paid for the shares.
One likely buyer is Finnlines' largest shareholder Grimaldi, an Italian shipping company, that has offered to buy out Finnlines' other shareholders for 15.95 eur per share.
That offer, deemed too …
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