Market Chatter: Essity Said to Prepare for Sale of Consumer Tissue Division

07:32 AM EDT, 09/15/2026 (MT Newswires) -- Hygiene and health company Essity (ESSITY-A.ST, ESSITY-B.ST) is planning to launch the bidding process for its Consumer Tissue division as soon as October, Bloomberg News reported Tuesday, citing people familiar with the matter. The sale will target industry players and equity firms and could value the division, which produces toilet paper, tissues, and napkins, at between 2.5 billion euros and 3 billion euros, according to the report. Morgan Stanley was also appointed to evaluate the unit's potential separation into a new, Sweden-listed entity, alongside the ongoing sale process, the sources added. Essity did not immediately respond to a request for comment from MT Newswires. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)