SCA to make an offer for Vinda

SCA has decided to make a public cash offer for the Chinese tissue company Vinda VDAHY. The offer is conditional upon SCA achieving an ownership share in… SCA has decided to make a public cash offer for the Chinese tissue company Vinda VDAHY. The offer is conditional upon SCA achieving an ownership share in Vinda in excess of 50%. SCA is currently the second largest shareholder in Vinda, which is listed on the Hong Kong Exchange. The offer will be Hong Kong Dollar (HKD) 11.00 per share, corresponding to a premium of approximately 34.5%, based on the average closing price over the past 30 trading days. The offer corresponds to a market capitalization of approximately SEK 9.4bn for all shares in Vinda. SCA became a part owner in the tissue manufacturer See full press release