Essity has completed the divestment of its entire holding of 51.59% of shares in the Asian hygiene company Vinda International Holdings Limited for HKD 23.50 per share. The sales proceeds amounted to HKD 14.6 billion (approximately $1.8 billion).
Vinda International Holdings
The price in the public offer will correspond to an equity value of Vinda of approximately HKD 28.3 billion ($3.63 billion).