AHY asaleo care limited
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News: AHY Asaleo Care Announces Sale Of Australian Consumer Tissue Business to Solaris Paper Pty

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    06/12/18
    08:50
    Post #: 36766307

    Dec 6 (Reuters) - Asaleo Care Ltd (AHY) :

    • ANNOUNCES $180 MILLION SALE OF AUSTRALIAN CONSUMER TISSUE BUSINESS AND 5-YEAR EXTENSION OF LICENSE AGREEMENT WITH ESSITY
    • DEAL TO RESULT IN A BOOK PROFIT ON SALE OF BETWEEN $15-20 MILLION
    • SALE IS EXPECTED TO IMPROVE EBITDA MARGIN AND BE ACCRETIVE TO GROUP FY19 EBITDA FORECAST

    Source ( http//bit.ly/2Ee1d3t)

    (([email protected];))

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