Valmet has proposed a statutory merger between Valmet and Neles to the Board of Directors of Neles
Valmet Oyj’s stock exchange release (inside information) on September 29, 2020 at 9:30 a.m. EET Valmet announced 14.88 percent share acquisition of Neles’ shares from Solidium Oy on June 17, 2020 and has gradually increased its ownership further to 29.5%. Valmet sees that a combination of the two companies in the long-term would create excellent value for Valmet’s and Neles’ shareholders. Valmet has today approached the Board of Directors of Neles with a proposal to start discussions on a potential statutory merger between the two companies. The merger proposal is based on a