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Recent Articles

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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

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

Vinda International reports resignation of Chairman Li Chao Wang, who will remain as an executive director

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

Essity publishes updated sales figures, with Vinda as discontinued operations, effective in Q4; updated Q3 net sales total SEK37.1B, profit totals SEK1.7M, with SEK88.0M from discontinued operations

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