A consortium consisting of Ahlström Capital/Ahlstrom Invest, Bain Capital, Viknum AB and Belgrano Inversiones Oy has made a public tender offer for all shares in Ahlstrom-Munksjö.
Ahlstrom-Munksjö shareholders are offered €18.10 in cash for each share in Ahlstrom-Munkjsö Oyi. After a successful completion of the tender offer, Ahlstrom-Munksjö shares would be delisted.
The consortium members plan to launch a value development programme based on a jointly agreed transformation plan over the coming 5 years.This would involve investments, portfolio transformation via strategic M&A as well as operational and commercial measures.
The Board of Directors of Ahlstrom-Munksjö has unanimously decided to recommend that the shareholders of the company accept the tender offer as it is "both fair and the best alternative for Ahlstrom-Munksjö shareholders."
Please find the whole webcast briefing on the tender offer here:
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