Svenska Cellulosa AB: Update on Joint Venture in Australia
Die untenstehende Meldung ist eine Original-Meldung des Unternehmens. Sie ist nicht von der ECOreporter.de-Redaktion bearbeitet. Die presserechtliche Verantwortlichkeit liegt bei dem meldenden Unternehmen.
SCA has now completed the previously announced transaction of creating a joint venture in Australasia.
The joint venture is formed through the sale of 50% of the SCA operations in Australasia to the Australian-based Pacific Equity Partners (PEP). The finalisation of the transaction follows approval by the relevant authorities. The first press release regarding the transaction was published on 4 November 2011.
NB This information is such that SCA must disclose in accordance with the Securities Markets Act and/or the Financial Instruments Trading Act. The information was submitted for publication on January 4, 2012, at 10.00 CET.
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 2010 amounted to SEK 107 billion (EUR 11.3 billion). SCA has approximately 45,000 employees. More information at www.sca.com
Svenska Cellulosa AB
Jörgen Olsson, Press and Media Officer
+46 8 788 51 29