The Finnish Financial Supervisory Authority has approved the prospectus prepared for the combination of Outotec and the Metso Minerals Business
METSO CORP ADS (MXCYY)
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Source: GlobeNewswire
The Finnish Financial Supervisory Authority has approved the prospectus prepared for the combination of Outotec and the Metso Minerals Business Metso Corporation’s stock exchange release on October 7, 2019 at 4:00 p.m. EEST The Finnish Financial Supervisory Authority has today on October 7, 2019, approved the Finnish language demerger prospectus (the ”Prospectus”) relating to the combination of Outotec Oyj (“Outotec”) and Metso Corporation’s (“Metso”) Minerals business (the “Metso Minerals Business”). Outotec and Metso announced on July 4, 2019, that the Boards of Directors of Outotec and Metso had approved a combination agreement (“Combination Agreement”) and a demerger plan (the “Demerger Plan”) pursuant to which all such assets, rights, debts and liabilities of Metso, which relate to, or primarily serve, the Metso Minerals Business, shall transfer, without liquidation of Metso to Outotec (the “Demerger”) creating a combined company to be named Metso Outo
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