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Indonesian billionaire Sukanto Tanoto set to complete US$3.3B takeover of Chinese tissue paper maker Vinda through investment vehicle Isola Castle; acquisition expands the existing pulp and paper operations of Tanoto's pulp and paper producer APRIL
Published: March 26, 2024 by Forbes
Essity completes divestment of its entire holding of 51.59% of shares in Vinda International to Isola Castle, with sales proceeds amounted to HKD 14.6B; Essity will retain a presence in Asia and in Vinda through continued licensing of Essity's brands
Published: March 21, 2024 by Cision
Regulatory approvals granted to Isola Castle for the public offer in Essity's subsidiary Vinda; Isola Castle is indirectly wholly owned by Asia Pacific Resources International
Published: March 04, 2024 by Essity Aktiebolag
Essity will classify its financial reporting of Vinda as discontinued operations as of Q4; acquisition by Isola Castle expected to be completed mid-2024, after which Vinda will be offered an exclusive license to market and sell certain Essity products
Published: December 19, 2023 by Contify Retail News
Isola Castle, wholly owned by Asia Pacific Resources International, announces pre-conditional public offer for 100% of Essity’s subsidiary Vinda for a price per share of HKD 23.50; Essity has signed an irrevocable undertaking to accept the offer
Published: December 15, 2023 by Essity Hygiene and Health AB

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