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Provider: Reuters Investment Profile
Provider: Wright Reports

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Ahlstrom Oyj's EGM Approves Coated Specialties Demerger

Thursday, 4 Jul 2013 07:00am EDT 

Ahlstrom Oyj announced that the Company's Extraordinary General Meeting (EGM) resolved to approve the Coated Specialties Demerger in accordance with the Coated Specialties demerger plan. Upon execution of the demerger of the Coated Specialties Business, the shareholders of Ahlstrom will receive as demerger consideration 0.265 new shares in Munksjo Oyj for each share owned in Ahlstrom (the Coated Specialties Demerger Consideration). In case the number of shares received by a shareholder of the Company as Coated Specialties Demerger Consideration would be a fractional number, the fractions will be rounded down to the nearest whole number. No Coated Specialties Demerger Consideration will be paid on the basis of own shares held by Ahlstrom Corporation. 

Company Quote

-0.09 -1.11%
11:30am EDT