Two SE Asian firms in final race for Essity's stake in HK-listed Vinda

Two SE Asian firms in final race for Essity's stake in HK-listed Vinda

Photo by Manson Yim on Unsplash

Two Southeast Asian paper makers, Royal Golden Eagle (RGE) and Asia Pulp & Paper (APP), have emerged as final bidders for Swedish tissue maker Essity’s 52% in Hong Kong-listed Vinda International, three people with direct knowledge of the matter said.