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Ahlstrom's EGM approves combination of Ahlstrom and Munksjö

Published by
Simon Matthis - 17 Jan 2017

Ahlstrom Corporation's Extraordinary General Meeting of Shareholders ("EGM") was held recently in Helsinki. The EGM resolved, inter alia, to approve the combination of Ahlstrom's and Munksjö's business operations through a statutory absorption merger of Ahlstrom into Munksjö and approve the merger plan.

1The EGM also authorised Ahlstrom's Board of Directors to resolve on the distribution of an extra dividend in the total amount of maximum Euro 0.49 per each outstanding share in Ahlstrom prior to the completion of the combination. All decisions were taken in accordance with the proposals of Ahlstrom's Board of Directors.

The completion of the combination is subject to, inter alia, approval by the EGM of Munksjö as well as merger control approvals from competition authorities.

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