Sylvamo (NYSE: SLVM) is announcing it agreed to acquire Stora Enso's uncoated freesheet paper mill in Nymolla, Sweden, for 150 million euros (approximately $150 million) expected to be funded in cash, subject to customary purchase price adjustments.
Volkswagen AG's (OTC: VWAGY) software unit Cariad will take a 60% stake in a new venture with Chinese technology firm Horizon Robotics for over $2 billion.