Essity Said to Prep for Tissue Exit With Sale, Listing on Table

Essity AB is preparing to kick off the sales process for its consumer tissue business as soon as next month, according to people familiar with the matter, after activist investor...

By Vinicy Chan and Rafaela Lindeberg · Bloomberg Markets

Essity AB is preparing to kick off the sales process for its consumer tissue business as soon as next month, according to people familiar with the matter, after activist investor Cevian Capital took a minority stake in the Swedish company.