Already at the listing of the paper group four years ago, it has been quite clear that the Chinese main owner wanted to sell its stake in Nordic Paper. Earlier today, a deal was announced in which the American private equity firm Strategic Value Partners becomes the new main owner. At the same time, a mandatory bid of SEK 50 per share was presented. This is according to Affärsvärlden's takeover guide in a comment on Friday.

Nordic Paper's board recommends shareholders not to accept the offer. The share is currently trading at SEK 50.60, which is higher than the offer of SEK 50.

"As the offer price is below what the share has traded in recent months, SVP cannot expect to receive many shares other than from Shanying. Perhaps the plan is to just buy financially squeezed Shanying's shares cheaply," writes Affärsvärlden in its conclusion.