Cleanzine_logo_2a.jpgCleanzine: your weekly cleaning and hygiene industry newsletter 27th April 2017 Issue no. 769

Your industry news - first    Number 1 for Recruitment

We strongly recommend viewing Cleanzine full size in your web browser. Click our masthead above to visit our website version.

Search
English French Spanish Italian German Dutch Russian Mandarin


Private equity firms have bid $22 billion for SCA hygiene unit-paper

A group of private equity companies have bid around 200 billion Swedish crowns ($22.26 billion) for the hygiene arm of tissue and forestry products firm SCA (SCAb.ST), daily Dagens Nyheter wrote on Wednesday, citing unnamed sources. SCA said last year it planned to split into two units.

"At least two private equity companies together have bid around 200 billion crowns for the hygiene unit," DN said.

SCA hygiene business is the world's largest maker of incontinence pads and No.2 in consumer tissues such as napkins and toilet paper. Its forestry arm produces paper, pulp and wood products.

SCA could not immediately be reached by Reuters for a comment.

(Reporting by Simon Johnson; Editing by Alison Williams)

www.reuters.com

13th April 2017




© The Cleanzine 2017. Website Coding by Elderberry Development.
Subscribe | Unsubscribe | Cookies | Sitemap