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Canfor buys additional 7% in Sweden’s Vida AB (Pink Current Info:CFPZF)

  • Canfor (TSX:CFP:CA) acquired 7% of outstanding shares of VIDA AB, Sweden’s largest privately owned sawmill company.
  • The shares were acquired from certain minority shareholders utilizing their option privileges under the February 2019 agreement in which Canfor purchased 70% of VIDA AB.
  • After concluding this transaction, Canfor owns 77% of VIDA AB.
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