Vinda shareholders approve takeover of SCA’s Chinese hygiene business




STOCKHOLM, SWEDEN, September 12, 2014-

SCA's, a leading global hygiene and forest products company, and the majority shareholder in China's third-largest tissue company, Vinda International Holdings Limited ("Vinda"), agreement with Vinda to transfer its hygiene business in China (Mainland China, Hong Kong and Macau) has today been approved by the independent shareholders of Vinda.

Vinda is listed on the Hong Kong Stock Exchange, and the agreement which strengthens the cooperation between SCA and Vinda (announced July 18, 2014) was subject to approval by the independent shareholders of Vinda.The transaction is expected to close on October 1, 2014.


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