Norton Rose Fulbright, Clifford Chance, and Linklaters are involved in Royal Golden Eagle Group’s $3.3 billion acquisition of Vinda International Holdings, a Hong Kong-listed tissue paper product manufacturer. The acquisition is made from Essity AB, a Swedish personal care product maker.
Asia Pacific Resources International Limited, an Indonesian pulp and paper producer and part of the Singapore-anchored RGE group helmed by Indonesian billionaire Sukanto Tanoto, has
announced the pre-conditional public offer to Vinda International. The proposal aims to acquire all of the issued shares in the Hong Kong Stock Exchange-listed company through Isola Castle Ltd, its indirectly wholly-owned subsidiary. The acquisition does not include 7.69 percent of the issued share capital of Vinda already held by Beaumont Capital Fund Ltd.
For further details, you can read the paywalled article
here.