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Ahlstrom get Statement of Objections from the EU

2013-02-26 As a consequence of the negotiations with the EU Commission, Ahlstrom expects to complete the demerger of the company's Label and Processing business during the second quarter, instead of the first quarter of 2013.

Ahlstrom and Munksjö have received a Statement of Objections from the


European Commission. The document issued by the EU addresses the


competitive effects of the proposed combination of Ahlstrom's Label and


Processing Business and Munksjö with respect to abrasive backings and


pre-impregnated decor paper.


Ahlstrom and Munksjö are working closely with the EU Commission in


order to resolve the competition issues identified by the Commission.


No final decisions have been taken yet with regard to potential


remedies. The potential effect of any remedies on the previously


identified synergies will be communicated in due course.


As a consequence of the negotiations with the EU Commission, Ahlstrom expects to complete the demerger of the company's Label and


Processing business in Europe and other related measures forming the


first phase of the planned transaction during the second quarter of


2013 instead of the previously targeted first quarter of 2013.

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