Canada will continue to be a major supplier of softwood lumber to the US in the next decade, with...
Syndication of financing related to merger concluded
As announced on November 7, 2016, the Boards of Directors of Ahlstrom Corporation and Munksjö Oyj have agreed on combining the two companies through a statutory absorption merger. The combination is expected to be completed in the beginning of the second quarter of 2017 subject to, among other things, approval by the shareholders of the two companies.
Munksjö has published a press release announcing that it has on December 23, 2016 concluded the syndication of the term loan facilities and the revolving credit facility that form a part of the new financing arranged in connection with the combination of Ahlstrom and Munksjö.