Japan’s Iida Group buys 75% in the largest forestry company in Russia’s Far East
The Japanese Iida Group will acquire 75% in the Russian Forest Products Group timber holding for about $ 525 million.The total share of its current shareholders - Roman Abramovich, Alexander Abramov and RDIF - will go down to 25%. The Japanese Iida Group Holdings, having received permission from the Russian authorities, announced the acquisition of 75% in the RFP Group timber industry holding, controlled by Roman Abramovich, Alexander Abramov and their partners. The overall valuation of the deal, including the acquisition of shares, participation in the additional issue and investment in the company, will amount to ...
Register for unlimited access
We work hard to bring you the latest news in the world of international wood industry. The article you are currently reading is available only to registered users.
By registering you gain access to:
Thousands of quality articles- In-depth analyses of market trends
- Exclusive market price insights
- And much more!
