Ansell Ltd (STU:PD1A)
€ 19.9 0.2 (1.02%) Market Cap: 2.94 Bil Enterprise Value: 2.89 Bil PE Ratio: 34.81 PB Ratio: 1.57 GF Score: 84/100

Ansell Ltd to Acquire Kimberly Clark's PPE Business Transcript

Apr 08, 2024 / 12:30AM GMT
Release Date Price: €14.5
Operator

Thank you for standing by, and welcome to the Ansell Limited acquisition of Kimberly-Clark Corporation's personal protective equipment business and associated equity raising conference call. (Operator Instructions)

I would now like to hand the conference over to Mr. Neil Salmon, Managing Director and Chief Executive Officer. Please go ahead.

Neil Salmon
Ansell Ltd - Chief Executive Officer, Managing Director, Executive Director

Thank you, and good day to you all. Pleasure to be talking to you today. Yes, indeed ,today, I'm excited to announce that we have reached an agreement with Kimberly-Clark Corporation to acquire their personal protective equipment business and also announcing an associated equity raising. If we could advance through the slides here, I'd like to start with our strategic priorities for acquisitions. If we could go two slides further, please.

And this is a reminder, of the lenses that we always use when considering the optimal M&A strategy for Ansell. To me, the formula is, firstly, M&A should position the

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