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Schibsted ASA and Schibsted Print Media AS, a company where all shares are held by Schibsted ASA, have divested in total 17 751 236 shares, equivalent to 36.3% of the shares and votes (not taking into consideration the voting limitations stated in the articles of association), in Polaris Media ASA to SEB Enskilda AS for NOK 22.00 per share.
Global demand for newsprint and magazine paper has declined as a consequence of lower advertising volume and structural changes. Norske Skog is implementing a number of measures to cut costs in line with the changes in the market.
Alcoas Victorian Operations will continue discussions with union stakeholders, employees and other stakeholders as it considers the most effective options to manage through the global economic downturn and ensure its sustainability in the long-term.
Portland Aluminiums aim to reduce cost by 10-15 per cent and manage the 15 per cent curtailment announced in late April is continuing, after a scheduled meeting yesterday with Australian Workers Union.
During the 1-29 May 2009 conversion period there was one conversion and a total of 347 A shares were converted into R shares. The shares were recorded in the Finnish trade register today, 12 June 2009, and trading in the new R shares will start on 15 June 2009.
85 BASF jobs affected; Measures to safeguard sustainable future of BASF in Tarragona, Spain; Iberian Styropor market to be supplied from Ludwigshafen, Germany
