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SCA to make an offer for Vinda

SCA has decided to make a public cash offer for the Chinese tissue company Vinda.

The offer is conditional upon SCA achieving an ownership share in Vinda in excess of 50%.



Vinda is the third largest tissue company in China, (after APP and Hengan) which represents the world’s second largest tissue market.



SCA became a part owner in Vinda in 2007 and currently has a 21,7% holding in the company with two representatives on its Board of Directors.

The offer will be Hong Kong Dollar, 11 HKD, per share, and corresponds to a market capitalization of approximately SEK 9,4 bn for all shares in Vinda.
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