Valmet acquires 14.9% ownership in the future Neles
Valmet Oyj’s stock exchange release (inside information) on June 17, 2020 at 8:45 a.m. EET Valmet has today agreed to acquire 22,374,869 shares in the future Neles Corporation from Solidium Oy, representing 14.88% of all Neles’ shares and votes. The transaction between Valmet and Solidium is expected to take place on July 1, 2020. Neles Corporation is planned to be created in the partial demerger of Metso, in which Metso’s Flow Control business would become the independent Neles Corporation and would continue Metso’s listing on Nasdaq Helsinki. The completion of the partial demerger