Norton Rose Fulbright, Clifford Chance and Linklaters are acting on Royal Golden Eagle Group’s $3.3 billion acquisition of Hong Kong-listed tissue paper product manufacturer Vinda International Holdings from Swedish personal care product maker Essity AB.
Indonesian pulp and paper producer Asia Pacific Resources International Limited, a member of the Singapore-headquartered RGE group, which is owned by Indonesian billionaire Sukanto Tanoto, has announced that it will make a pre-conditional public offer to Vinda International to acquire all the issued shares in the Hong Kong Stock Exchange-listed company through its indirectly wholly-owned subsidiary Isola Castle Ltd. The acquisition will exclude 7.69 percent of the issued share capital of Vinda already owned by Beaumont Capital Fund Ltd.
