Regulatory News:
Today, Friday February 3, 2012, the shareholders of UK-based packaging
group DS Smith Plc approved the company´s proposal to acquire SCA’s
packaging operations, excluding the two kraftliner mills in Sweden.
The transaction remains subject, amongst other things, to antitrust
clearance from the European Commission. Closing is expected during the
second quarter of 2012.
Regarding the French part of the packaging operations, DS Smith has made
a formal offer to acquire this business. This process is subject to an
information and consultation procedure with the relevant works councils
and will be treated separately.
The first press release on this deal was published on January 17, 2012. http://www.sca.com/en/Media/Press-releases/Press-releases/2012/2012-01-17-SCA-divests-its-packaging-operations/
Stockholm, February 3, 2012
SCA is a global hygiene and paper company that develops and produces
personal care products, tissue, packaging solutions, publication papers
and solid-wood products. Sales are conducted in some 100 countries. SCA
has many well-known brands, including the global brands TENA and Tork.
Sales in 2011 amounted to SEK 106 billion (EUR 11.7 billion). SCA has
approximately 43,000 employees. More information at www.sca.com
NB This information is such that SCA (STO:SCAA)(STO:SCAB) must disclose
in accordance with the Securities Markets Act and/or the Financial
Instruments Trading Act. The information was submitted for publication
on February 3, 2012, at 12.00 CET.
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