SCA has secured an ownership share of 56.33 % in the Chinese tissue manufacturer Vinda, signifying that the terms for completion of the offer have been met.
The acceptance period expires on November 11, 2013.
On September 9, 2013, SCA announced that the company was planning to make a cash offer for Vinda, which is China’s third largest tissue manufacturer. The complete prospectus was published on October 7, 2013.
Prior to the publication of the offer, SCA held approximately 21.7% of the shares in Vinda.
