SCA acquires additional Metsä Tissue shares

  • Regulatory press release

SCA acquires additional Metsä Tissue shares According to the agreement entered into on 30 May 2000 with Metsä-Serla Oyj, the completion of SCA's acquisition of Metsä-Serla's shares in Metsä Tissue Oyj is contingent upon SCA obtaining 90% of the total number of Metsä Tissue shares and upon the acquisition being approved by relevant competition authorities. SCA has now entered into time-limited agreements with certain minority shareholders in Metsä Tissue for SCA to acquire their shares for the price of EUR 15 per share, contingent upon SCA's transaction with Metsä-Serla being completed. This means that, together with the shares to be acquired from Metsä-Serla, SCA is now assured of obtaining more than 90% of the total number of Metsä Tissue shares. Stockholm 12 July 2000 SVENSKA CELLULOSA AKTIEBOLAGET SCA (publ) Corporate Communications For further information, please contact: Sten Lindholm, Senior VP, Corporate Communications, phone +46 417 262 51 or +46 705 12 05 14 or Michael Bertorp, Executive Vice President and General Councel, SCA, phone +46 8 788 51 54 ------------------------------------------------------------ This informatin was brought to you by BIT http://www.bit.se The following files are available for download: http://www.bit.se/bitonline/2000/07/12/20000712BIT00670/bit0001.doc http://www.bit.se/bitonline/2000/07/12/20000712BIT00670/bit0002.pdf