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Essity — M&A Activity 2021
Feb 16, 2021
2912_rns_2021-02-16_c6b60341-7509-44c3-8e2e-87a1461c26ee.pdf
M&A Activity
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essity
Press release
Stockholm, February 16, 2021
Comments from Essity on media information concerning the acquisition of shares in Asaleo Care
As announced by Essity on December 10, 2020, discussions are ongoing between Essity and the Australian hygiene company Asaleo Care concerning the acquisition of additional shares in Asaleo Care.
Today, February 16, 2021, information has been reported in media that the parties have reached an agreement in principle on the acquisition of shares at a price of AUD 1.40 and the payment of a certain share dividend.
Essity can confirm that the discussions are at an advanced stage and that the parties have agreed on terms and conditions including the price mentioned above.
More information will be presented in the near future.
Note: 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 13:10 p.m. CET on February 16, 2021.
Karl Stoltz, Media Relations Manager, +46 8 788 51 55
Contact persons:
Per Lorentz, Vice President Corporate Communications +46 8 788 52 51, [email protected]
Johan Karlsson, Vice President Investor Relations, +46 8 788 51 30, [email protected]
About Essity
Essity is a leading global hygiene and health company. We are dedicated to improving well-being through our products and services. Sales are conducted in approximately 150 countries under the leading global brands TENA and Tork, and other strong brands, such as JOBST, Leukoplast, Libero, Libresse, Lotus, Nosotras, Saba, Tempo, Vinda and Zewa. Essity has about 46,000 employees. Net sales in 2020 amounted to approximately SEK 122bn (EUR 11.6bn). The company's headquarters is located in Stockholm, Sweden, and Essity is listed on Nasdaq Stockholm. Essity breaks barriers to well-being and contributes to a healthy, sustainable and circular society. More information at www.essity.com.