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Ahlstrom get Statement of Objections from the EU

2013-02-26 As a consequence of the negotiations with the EU Commission, Ahlstrom expects to complete the demerger of the company's Label and Processing business during the second quarter, instead of the first quarter of 2013.

Ahlstrom and Munksjö have received a Statement of Objections from the

European Commission. The document issued by the EU addresses the

competitive effects of the proposed combination of Ahlstrom's Label and

Processing Business and Munksjö with respect to abrasive backings and

pre-impregnated decor paper.

Ahlstrom and Munksjö are working closely with the EU Commission in

order to resolve the competition issues identified by the Commission.

No final decisions have been taken yet with regard to potential

remedies. The potential effect of any remedies on the previously

identified synergies will be communicated in due course.

As a consequence of the negotiations with the EU Commission, Ahlstrom expects to complete the demerger of the company's Label and

Processing business in Europe and other related measures forming the

first phase of the planned transaction during the second quarter of

2013 instead of the previously targeted first quarter of 2013.

BREAKING
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