Munksjö - EU Commission approves combination of Munksjö AB and Ahlstrom's Label and Processing business, Helsinki Stock Exchange approves listing
Helsinki, Finland, 2013-05-24 11:15 CEST (GLOBE NEWSWIRE) --
Munksjö Oyj, Stock Exchange Release, May 24, 2013 at 11.15 CET
NOT TO BE DISTRIBUTED IN OR INTO AUSTRALIA, CANADA, THE HONG KONG SPECIAL
ADMINISTRATIVE REGION OF THE PEOPLE'S REPUBLIC OF CHINA, JAPAN, NEW ZEALAND,
SOUTH AFRICA OR THE UNITED STATES.
The European Commission has today approved the combination of Munksjö AB and
Ahlstrom's Label and Processing business. The combination makes Munksjö Oyj a
new global leader in high-quality specialty papers.
The approval is subject to the divestiture of Ahlstrom's abrasive paper
backings and pre-impregnated decor paper lines in Osnabrück (Germany) to a
third party. With this approval, Munksjö and Ahlstrom are initiating the final
steps of the closing procedures of the first phase of the transaction, in which
LP Europe, the European part of Ahlstrom's Label and Processing business, is
combined with Munksjö AB. As announced, the completion of the first phase of
the transaction is expected to take place on 27 May, 2013.
Further, the Helsinki Stock Exchange (NASDAQ OMX Helsinki Ltd) has approved the
listing of Munksjö Oyj's shares on the official list of the Helsinki Stock
Exchange. The trading with Munksjö's shares is expected to commence on or about
7 June, 2013.
Additional information on the combination, the commitments to the European
Commission and the listing is available in the listing prospectus published on
20 May, 2013, available on Munksjö's website at www.munksjo.com.
For more information:
Jan Åström, President and CEO, tel. +46 10 250 1001
Åsa Fredriksson, SVP HR and Communications, tel. +46 10 250 1003
Laura Lindholm, Investor Relations Manager, tel. +46 10 250 1026
This document may not be distributed in or into Australia, Canada, the Hong
Kong special administrative region of the People's Republic of China, Japan,
New Zealand, South Africa or the United States. The information contained
herein shall not constitute an offer to sell or the solicitation of an offer to
buy the securities referred to herein in any jurisdiction in which such offer,
solicitation or sale would be unlawful prior to registration, exemption from
registration or qualification under the securities laws of any such
This document is not an offer for sale of securities in the United States.
Securities may not be offered or sold in the United States absent registration
or an exemption from registration under the U.S. Securities Act of 1933, as
amended. Ahlstrom Corporation, Munksjö AB and Munksjö Oyj have not registered,
and do not intend to register, any offering of the Munksjö shares in the United
States. There will be no public offering of the Munksjö shares in the United
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