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.
/PRNewswire/ Isola Castle Ltd, a company indirectly wholly owned by Asia Pacific Resources International Limited (APRIL), has today announced that it will.
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.
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