Last updateWed, 28 Oct 2020 4pm

Valve Manufacturing

Valmet Proposes Merger with Neles

Valmet has approached the Board of Directors of Neles with a proposal to start discussions on a potential statutory merger between the two companies. Valmet believes that a merger with Neles in the long-term would create excellent value for both companies’ shareholders.

A statutory merger requires negotiations between the two companies. Even if such negotiations are initiated, there is no certainty that they will result in a final agreement.

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