AI assistant
Cascades Inc. — Capital/Financing Update 2021
Sep 27, 2021
42612_rns_2021-09-27_0888caac-6619-4b20-b96d-cc1273142f74.pdf
Capital/Financing Update
Open in viewerOpens in your device viewer
PRESS RELEASE
Cascades Inc. Telephone: 819-363-5100 404 Marie-Victorin Blvd., P.O. Box 30 Fax: 819-363-5155 Kingsey Falls, Québec J0A 1B0 Canada www.cascades.com
CASCADES ANNOUNCES THAT THE SALE OF ITS EQUITY INTEREST IN RdM GROUP WILL BE COMPLETED IN Q4 2021
KINGSEY FALLS, QC, September 26, 2021 – Cascades Inc. (TSX: CAS) announces that the sale of its equity interest in Reno de Medici S.p.A. (BIT: RM) is now expected to be completed in the fourth quarter of 2021, versus previous expectations that it would close in the third quarter. The transaction is subject to the customary closing conditions, including the required merger control approvals.
– 30 –
Founded in 1964, Cascades offers sustainable, innovative and value-added solutions for packaging, hygiene and recovery needs. The company employs 11,700 women and men in 85 production units in North America and Europe. With its management philosophy, half a century of experience in recycling, and continuous efforts in research and development as driving forces, Cascades continues to deliver the innovative products that customers have come to rely on, while contributing to the well-being of people, communities and the planet. Cascades’ shares trade on the Toronto Stock Exchange under the ticker symbol CAS.
Media: Investors Hugo D’Amours Jennifer Aitken, MBA Vice-President, Communications, Public Affairs and Director, Investor Relations Sustainable Development Cascades Cascades 514-282 - 2697 819-363-5164 [email protected] [email protected]