Ahlstrom Oyj: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
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Ahlstrom Oyj sells Paulínia plant in Brazil to Suominen
Ahlstrom Oyj:Says Ahlstrom Corporation and Suominen Corporation have agreed on the sale of the shares of Ahlstrom Fabricação de Não-Tecidos Ltda to Suominen.Says the company operates the Brazilian plant of Ahlstrom's former Home and Personal business area.Says Ahlstrom sold its wipes business, the Home and Personal business area, to Suominen in 2011, but the transfer of the Paulínia plant in Brazil was prolonged due to delays in certain required official permissions and subsequent renegotiations between Suominen and Ahlstrom.Says the enterprise value of the transaction is agreed at 17.5 million euro.Says Suominen will finance the acquisition through a convertible hybrid bond issue with a nominal value of 17.5 million euro.
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