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January 17, 2017

SCA Group starts work for splitting into hygiene and forest products companies

SCA, the leading global hygiene and forest products company, has started the work on splitting the SCA Group into two listed companies: hygiene and forest products.  The Swedish company wants to propose the split during the 2017 Annual General Meeting, while the work for it is proceeding according to plan.  The total costs for the potential split of the SCA Group are estimated to be approximately SEK 1,070m, including project and listing costs of approximately SEK 320m, one-time foreign tax on non-current assets outside Sweden of approximately SEK 450m, and brand-related costs ...

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