AssiDomän’s shares leapt 18% last week on news that the state-owned forest owner Sveaskog is considering a bid for the company.
If an offer is successful, it would mean re-nationalisation of the company which was privatised in 1994.
AssiDomän, which is 35% state-owned, says the offer would refer to what was left of the company following its already announced dividend of shares in Billerud, its container board operation, and a share redemption scheme worth SKr12bn.
Analysts say if the government makes a bid, it is likely to sell off AssiDomän’s industrial operations then add the remaining 2.4 million ha of forest to the 0.9 million ha owned by Sveaskog, along with significant sawmill assets.
