STOCKHOLM, Nov. 20, 2023 /PRNewswire/ -- As required by
the Takeovers Code in Hong Kong,
Essity has today confirmed that discussions are ongoing with a
number of interested parties in respect of a potential transaction
regarding Essity owned shares in Vinda. No decisions relating to
the future ownership of Essity's Vinda shares have been made. Vinda
has made a public announcement as required by local laws.
On April 26, 2023, Essity
announced its decision to initiate a strategic review of the
company's ownership in the Asian hygiene company Vinda
International Holdings Ltd (Vinda).
Essity's ownership in Vinda amounts to 51.59%. Vinda is listed
on the Hong Kong stock exchange.
Vinda's announcement may be found here:
http://www.vinda.com/upload/files/20231120/22240222hf.pdf
Essity will not make any further comments.
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 15:45 CET on November 20,
2023.
Karl Stoltz, Media Relations
Director, +46 709 426 338
For further information, please contact:
Per Lorentz, Vice President
Corporate Communications, +46 73 313 30 55,
per.lorentz@essity.com
Sandra Åberg, Vice President Investor Relations, +46 70 564 96 89,
sandra.aberg@essity.com
The following files are available for download:
https://mb.cision.com/Main/15798/3878696/2441506.pdf
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