Here's an interesting snippet I recently picked up about Weir Group's attempt to "merge" with Finnish company Metso.
Good sources have told me the maximum price Weir Group is willing to pay for Metso is EURO 28 a share.
A cheeky financial blog with stories about deals, dealmakers and anything else I find interesting. Edited by Ben Harrington. [Disclaimer - the information on Betaville does not constitute any form of investment recommendation and is not intended to be relied upon by readers in making, or refraining from, any investment decisions.]
Showing posts with label Finland. Show all posts
Showing posts with label Finland. Show all posts
Wednesday, 30 April 2014
Wednesday, 16 April 2014
Metso back under the spotlight - again!
I see Finnish engineering company Metso has today rejected Weir Group's £8.5 billion all-share merger proposal. Not much of a surprise there following last week's shenanigans on Betaville.
Weir Group said in its statement that it had offered 0.8400 shares per Metso share to the Finnish company's board.
Weir Group said in its statement that it had offered 0.8400 shares per Metso share to the Finnish company's board.
Subscribe to:
Comments (Atom)