Court of Appeal dismissed minority shareholder’s appeal requesting enforcement and partial payment of the redemption price in the redemption proceedings for Ahlstrom Oyj’s minority shares
AHLSTROM, PRESS RELEASE, May 23, 2024, at 18:00 EEST On September 24, 2020, Ahlstrom Holding 3 Oy made a public recommended cash tender offer for all shares in Ahlstrom Oyj (previously named Ahlstrom-Munksjö Oyj). Ahlstrom Holding 3 Oy received an ownership of more than 90% on February 4, 2021 and started a compulsory redemption procedure. The redemption proceedings are still ongoing in the Supreme Court of Finland (see Ahlstrom’s press release dated April 15, 2024 for further information). On May 13, 2022, a minority shareholder of Ahlstrom Oyj filed a separate application to the