Australia: Asaleo Care shareholders vote in favour of acquisition by Essity

Essity sign on top of Gothenburg office

Asaleo Care shareholders have voted in favour of the proposed scheme under which Essity Holding Company Australia, a wholly owned subsidiary of Sweden-based Essity Group Holding BV, will acquire all of the ordinary shares in Asaleo Care. Essity will acquire the remaining 63.8% of the shares of the Australian hygiene company for A$1.40 (US$1.09) per…

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