Sequana announces liquidation
| 16 May, 2019
Sequana, the parent company of Arjowiggins and the major shareholder in Antalis, has announced a court-ordered liquidation.
Sequana said that this decision resulted from the judgment of the London Court of Appeal in the dispute with BAT Industries plc.
Antalis, which is currently 75.2% owned by Sequana, says it is working with Goldman Sachs to set up a new shareholding structure.