Essity Said to Prep for Tissue Exit With Sale, Listing on Table

πŸ‡ΈπŸ‡ͺ Bloomberg (SE) —

AI Summary

Essity AB is preparing to initiate the sales process for its consumer tissue business soon after activist investor Cevian Capital acquired a minority stake in the Swedish company. The move signals a potential corporate restructuring or spin-off aimed at focused growth or capital generation.

Essity AB is preparing to kick off the sales process for its consumer tissue business as soon as next month, according to people familiar with the matter, after activist investor Cevian Capital took a minority stake in the Swedish company.

Markets Deals Essity AB Cevian Capital consumer tissue sale process corporate restructuring

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