BRUSSELS--(BUSINESS WIRE)---- $SLVM #carveout--Midas Atlantic Partners ("Midas Atlanticâ€), in partnership with The Najafi Companies, has signed a put option agreement with Sylvamo Corporation ("Sylvamoâ€) relating to the potential acquisition of its European operations (the "Businessâ€). The transaction comprises Sylvamo's uncoated freesheet paper mills in Saillat and Nymölla, as well as its forestry and supporting business operations across Europe. Closing is expected in the first quarter of 2027, once th ...

MEMPHIS, Tenn.--(BUSINESS WIRE)---- $SLVM #TheWorldsPaperCo--Sylvamo (NYSE: SLVM) is entering into a put option agreement with Midas Atlantic Partners, in partnership with The Najafi Companies, for a binding offer to acquire the company's Europe business, including its uncoated freesheet paper mills in Saillat, France, and Nymolla, Sweden, as well as its forestry and supporting business operations. Sylvamo will conduct applicable consultation processes with works councils and employee representatives in acc ...