PRESS RELEASE
Regulated information
Inside Information
Aalst-Erembodegem (Belgium), December 22 2016 – Ontex Group NV (“Ontex”) has noted market speculation regarding a potential acquisition.
Ontex confirms that it is engaged in discussions with the Brazilian company Hypermarcas S.A. with respect to a possible acquisition of its personal hygiene business, on the basis of an enterprise value of R$1 billion. These discussions are at an advanced stage, and neither party is legally bound to proceed with the transaction. There can be no assurance that a transaction will ultimately materialize. Ontex will provide further updates in due course if necessary.
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