CHH Tissue business sale goes unconditional
12 May 2004
On 25 March 2004 Carter Holt Harvey advised the market that it had entered into an agreement to sell its Tissue business
and its 50 per cent interest in Sancella to Svenska Cellulosa Aktiebolaget (SCA). The agreement was conditional on
matters including normal regulatory consents from the Overseas Investment Commission (OIC) and Foreign Investment Review
Board (FIRB).
Carter Holt Harvey is pleased to confirm that the conditions precedent have now been satisfied and the agreement has
become unconditional. Completion of the sale will take place within the next couple of weeks.
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