25 June 2016

Higher compensation for former shareholders of SCA Hygiene Products SE: Court sets adequate cash compensation at EUR 533.93 per share

The County Court of Munich I (Landgericht München I) decided to increase the amount of the cash compensation to EUR 533.93 per share.

The majority shareholder, SCA Group Holding B.V., Amsterdam/The Netherlands, initially offered EUR 468.42 EUR per share. After the valuation work, the amount was increased to EUR 487.81 EUR, c.f. http://spruchverfahren.blogspot.de/2013/05/sca-hygiene-products-se-erhohung-der.html

The first instance decision can be appealed within a month.

LG München I, decision of 31 May 2016, file no. 5 HK O 14376/13
Helfrich et al.. ./. SCA Group Holding B.V.

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