It is not yet clear what, if any, long-term implications may result from COVID-19's impacts around the world, but our firm contract backlog continues to increase.
Hygiene and health company Essity is strengthening its offering in incontinence products through the acquisition of the Dutch company Novioscan. The company develops a wearable ultrasound technology that monitors the bladder and enables continence control. The purchase price is approximately SEK 70m (EUR 6.5m) on a debt-free basis.
Kimberly-Clark's Huggies® brand announced that it will donate five million diapers to the National Diaper Bank Network (NDBN) to meet this growing need, and $1 million to United Way COVID-19 Community Response and Recovery Fund to support community social services.
Mr Pratt, who is the billionaire chairman of packaging companies Visy Industries and Pratt Industries, also issued 'a call to arms' to Australia's wealthiest to join the fight against COVID-19, as the number of confirmed cases hit 4,514.
As the COVID-19 pandemic is quickly evolving, the companies will continue to monitor the circumstances of the virus and any recommendations or directives of government and health authorities and will advise shareholders as necessary of any further updates regarding the AGMs.
