Kokusai Pulp & Paper signs deal to acquire majority stake in Antalis

Kokusai Pulp & Paper (KPP) signed binding agreements with Sequana and Bpifrance to acquire their 83.7% stake in paper and packaging distributor Antalis, representing about 75.2% of its share capital. The deal is subject to conditions precedent.

“KPP agreed, subject to certain condition precedents, to acquire 53,395,148 ordinary shares of Antalis SA held by Sequana”actusnews.com

• 4 sources
• actusnews.comKOKUSAI PULP&PAPER CO., LTD - KPP enters into binding agreements for the potential acquisition of a majority stake in Antalis - 31/03/2020 - 08H20 - Actusnews WireMar 31, 2020
• paperfirst.infoKPP, SEQUANA SA and Bpifrance have entered into binding agreements for the potential acquisition of Sequana and Bpifrance’s 83.7% stake in Antalis by KPP | PaperFIRSTApr 1, 2020
• papnews.comKokusai Pulp & Paper enters into binding agreements for the potential acquisition of a majority stake in Antalis - PapnewsApr 2, 2020
• worldofprint.comNew majority shareholder in Antalis - World of PrintJul 26, 2020

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