BRAZILIAN COMPETITION AUTHORITY APPROVES THE COMBINATION OF MUNKSJÖ AB AND AHLSTROM'S LABEL AND PROCESSING BUSINESS
Stockholm, Sweden, 2013-05-23 07:30 CEST (GLOBE NEWSWIRE) --
MUNKSJÖ OYJ STOCK EXCHANGE RELEASE
NOT TO BE DISTRIBUTED IN OR INTO AUSTRALIA, CANADA, THE HONG KONG SPECIAL
ADMINISTRATIVE REGION OF THE PEOPLE'S REPUBLIC OF CHINA, JAPAN, NEW ZEALAND,
SOUTH AFRICA OR THE UNITED STATES.
The Brazilian competition authority (CADE) has today approved the combination
of Munksjö AB and Ahlstrom's Label and Processing business.
As announced, the completion of the first phase of the transaction is expected
to take place at the latest on 27 May, 2013 provided, among other things, that
the competition clearance from the European Commission has been obtained. The
approval from CADE is a further step in the competition clearance process
related to the transaction.
The approval is subject to the divestiture of Ahlstrom's abrasive paper
backings and pre-impregnated decor paper lines in Osnabrück (Germany) to a
third party in accordance with the commitments provided to CADE, which are in
line with the commitments given to the European Commission. Additional
information on the commitments to the European Commission is available in the
listing prospectus published on 20 May, 2013, available on Munksjö's website at
www.munksjo.com.
Munksjö Oyj
For more information:
Jan Åström, President and CEO, tel. +46 10 250 1001
Åsa Fredriksson, SVP HR and Communications, tel. +46 10 250 1003
Laura Lindholm, Investor Relations Manager, tel. +46 10 250 1026
Disclaimer
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New Zealand, South Africa or the United States. The information contained
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solicitation or sale would be unlawful prior to registration, exemption from
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This document is not an offer for sale of securities in the United States.
Securities may not be offered or sold in the United States absent registration
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and do not intend to register, any offering of the Munksjö shares in the United
States. There will be no public offering of the Munksjö shares in the United
States.
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