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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Essity Ab (publ) | LSE:0RQC | London | Ordinary Share | SE0009922156 | ESSITY ORD SHS CLASS A |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 224.75 | 48 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Med, Dental, Hosp Eq-whsl | 173.92B | 9.55B | 13.6030 | 1.74 | 16.59B |
From May 2019 to May 2024
STOCKHOLM, Dec. 10, 2020 /PRNewswire/ -- Essity Aktiebolag (publ) ("Essity") today announced that Essity has made a non-binding indicative proposal to the Board of the hygiene company Asaleo Care Limited ("Asaleo") for the acquisition of additional shares in Asaleo for a consideration of AUD 1.26 per share. Asaleo is listed on the Australian Securities Exchange (ASX). Essity is the largest shareholder of Asaleo, currently holding 36.2% of the shares. Asaleo's current market capitalization on ASX is AUD 549m, based on the closing market price 1.01 AUD on 9 December 2020.
There can be no certainty that any agreement will be reached, that a formal binding proposal will be submitted, or that a transaction will be undertaken.
The proposal is not subject to financing conditions. Essity will finance its acquisition of shares through own funds.
Beyond what is communicated in this press release, Essity will not make any further comments on the proposal at this time
NB: This information is such that Essity Aktiebolag (publ) is obligated to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out below, at 03:15 CET on December 10, 2020.
Karl Stoltz, Media Relations Manager, +46 8 788 51 55
For further information, please contact:
Per Lorentz, Vice President Corporate Communications, +46 8 788 52 51, per.lorentz@essity.com
Johan Karlsson, Vice President Investor Relations, +46 8 788 51 30, johan.ir.karlsson@essity.com
This information was brought to you by Cision http://news.cision.com
https://news.cision.com/essity/r/essity-announces-proposal-to-increase-ownership-in-asaleo-care-limited,c3252130
The following files are available for download:
https://mb.cision.com/Main/15798/3252130/1346530.pdf | Essity announces proposal to increase ownership in Asaleo Care Limited |
View original content:http://www.prnewswire.com/news-releases/essity-announces-proposal-to-increase-ownership-in-asaleo-care-limited-301190007.html
SOURCE Essity
Copyright 2020 PR Newswire
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