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Essity plans Vinda stake sale

Isola Castle Ltd, a company indirectly wholly owned by Asia Pacific Resources International Limited (APRIL), has today announced that it will make a pre-conditional public offer to the shareholders of Vinda International Holdings Limited (Vinda) to acquire 100% of the shares in Vinda for a price per share of HKD 23.50. Essity supports the offer and has signed an irrevocable undertaking to accept the offer in respect of all of its 51.59% shareholding in Vinda.

Indonesian Billionaire Sukanto Tanoto Offers $3 3 Billion For Tissue Maker Vinda

Pre-conditional public offer announced for 100% of the shares in Essity s subsidiary Vinda

Indonesian tycoon Tanoto offers to buy Hong Kong-listed tissue maker Vinda for US$3 3 billion

The billionaire has offered HK$26.1 billion, or HK$23.50 per share, to buy 92.3 per cent of Vinda he does not already control. Major shareholders Essity and Li Chaowang have agreed to accept the offer.

Today Essity holds the webcast - Innovating for profitable and sustainable growth

Today Essity holds the webcast - Innovating for profitable and sustainable growth
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