Fiberweb plc (the “Company”) announced on 30 April that it had agreed the sale of its wholly-owned Brazilian subsidiary, Fiberweb Bidim Industria e Comercio de Näo-Tecidos Ltda (“Bidim”), to Mexichem Amanco Holdings, S.A de C.V, subject to shareholder approval.
The Company announces that having received the approval of shareholders at the General Meeting held on 17 June 2008, the sale of Bidim was completed on Friday 20 June 2008.
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