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SCA bids for Chinese tissue giant Vinda

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Published in issue 37/2013
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SCA is preparing to take over Chinese tissue manufacturer Vinda International in a deal worth HKD8.6bn (€842m). SCA announced it would pay HKD11.0 per share in a public cash offer for all shares in the company it does not already own. The bid acceptance period would begin on 30 September and was expected to be ...

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