Valmet and Neles to merge creating a leading company with a unique offering for process industries globally
Neles Corporation stock exchange release (inside information) July 2, 2021 at 8:50 a.m. (EEST)NOT FOR DISTRIBUTION IN OR INTO THE UNITED STATES, OR IN ANY OTHER JURISDICTION IN WHICH SUCH DISTRIBUTION WOULD BE PROHIBITED BY APPLICABLE LAW Valmet Oyj (“Valmet”) and Neles Corporation (“Neles”) announce that their respective Boards of Directors have today signed a combination agreement (the “Combination Agreement”) and a merger plan to combine the two companies through a merger (the “Combined Company”). Transaction highlights · The Combined Company will be a leading company with a