SCA's tissue acquisition in US completed

  • Regulatory press release

SCA's tissue acquisition in US completed Following approval by the US competition authorities of SCA's acquisition of parts of Georgia-Pacific's assets within Away-From-Home (AFH) tissue, this transaction was concluded on Friday, 2 March 2001. The earnings of the new operations will be consolidated in SCA's accounts from and including the second quarter. The reason is that the financial accounting of the operations must first be adapted to SCA accounting principles and that the definitive acquisition balance will be completed during the second quarter. This balance sheet will be the basis for the final reconciliation of the purchase price. Stockholm, 2 March 2001 SVENSKA CELLULOSA AKTIEBOLAGET SCA (publ) Communications and Investor Relations For further information, please contact: Sverker Martin-Löf, President and CEO, Phone +46-70 574 88 08 Peter Nyquist, Vice President Communications and Investor Relations, Phone +46-70 575 29 06 ------------------------------------------------------------ This information was brought to you by BIT The following files are available for download: