Alfa Laval amends its recommended offer for Neles: acceptance level condition lowered to >50% and acceptance period extended

As previously announced, Alfa Laval AB (publ) (“Alfa Laval” or the “Offeror”) and Neles Corporation (“Neles”) have on 13 July 2020 entered into a combination agreement pursuant to which Alfa Laval has made a voluntary recommended public cash tender offer for all issued and outstanding shares in Neles (the “Tender Offer”). Alfa Laval has published a tender offer document, dated 12 August 2020, concerning the Tender Offer (the “Tender Offer Document”). The acceptance period under the Tender Offer (the “Offer Period”) commenced on 13 August 2020 at 9:30 a.m. (Finnish time) and was set to expire