Ahlstrom, Munksjö Complete Merger
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Ahlstrom Corp. and Munksjö Oyj (both Finland based) this week (on April 1, 2017) completed the merger of Ahlstrom into Munksjö, in accordance with the previously-announced merger plan. The combination of Ahlstrom and Munksjö creates a global leader in sustainable and innovative fiber-based solutions with a combined annual net sales of approximately EUR 2.2 billion, approximately 6,200 employees, and 41 production and converting facilities in 14 countries.
The name of the combined company has now changed to Ahlstrom-Munksjö Oyj. A total of 45,376,992 new shares in Ahlstrom-Munksjö is being issued as merger consideration to Ahlstrom's shareholders. The new shares were registered with the Finnish Trade Register on April 1.
Trading in the new shares commenced on the Nasdaq Helsinki and Nasdaq Stockholm stock exchanges on April 3. Following the merger, the trading codes for Ahlstrom-Munksjö's shares became AM1 on Nasdaq Helsinki and AM1S on Nasdaq Stockholm. Furthermore, the trading code on Nasdaq Helsinki for the EUR 100,000,000 senior unsecured callable fixed rate notes due 2019 is AMJ041219.
Ahlstrom-Munksjö will publish its interim report for January-March 2017 on April 26, 2017 and pro forma financial information on the combined company on or about May 15, 2017. A stock exchange release on the unaudited final accounts of Ahlstrom for January-March 2017 will be published on April 26, 2017.
