Today, Danisco A/S has concluded an agreement for the sale of all the shares in Danisco Pack Ltd. to Mondi Packaging (UK) Limited (Anglo American International S.A.). The sale price is based on an Enterprise Value of GBP 64 million, equivalent to DKK 770 million, or a multiple of 4.4 times EBITDA (operating profit before depreciation and amortisation of goodwill) and a multiple of 13 times EBITA (operating profit before amortisation of goodwill) for the financial year of 2000/01 (April 30, 2001). The transaction is based on the balance sheet as of April 30, 2001 and will not require additional value adjustments for Danisco.
SWEDEN: Sale of Danisco Pack UK to Mondi Packaging (UK) Limited
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