Essity provides update on Vinda sale

Essity confirms discussions are ongoing with a number of interested parties.

Hygiene company Essity has confirmed that discussions are ongoing with a number of interested parties in respect of a potential transaction regarding Essity-owned shares in Vinda.

In a statement, Essity said no decisions relating to the future ownership of Essity’s Vinda shares have been made.

In April, Essity announced its decision to initiate a strategic review of the company’s ownership in the Asian hygiene company Vinda International Holdings Ltd (Vinda).

Essity’s ownership in Vinda amounts to 51.59 per cent.

Essity said it will not make any further comments.

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