INDEPENDENT NEWS

CHH Tissue business sale goes unconditional

Published: Fri 14 May 2004 10:11 AM
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.
- ends -

Next in Business, Science, and Tech

Third Snapshot Report Reveals $9.5 Billion Business Investment In Climate Action
By: BusinessNZ
The home printer market is broken
By: Digitl
SFO Commences Enquiries Into Allegations Of COVID-19 Wage Subsidy Fraud
By: Serious Fraud Office
Companies In Hot Water For Selling Unsafe Hot Water Bottles And Toys
By: Commerce Commission
Robust Balance Sheets Yield Faster Economic Recovery
By: The Reserve Bank of New Zealand
Transpower Releases Independent Report Into Events Of August 9
By: Transpower
View as: DESKTOP | MOBILE © Scoop Media